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R-2025-130 - 5/22/2025
RESOLUTION NO. R-2025-130 WHEREAS, Chapter 2256, Texas Government Code, Section 2256.023 of the Public Funds Investment Act states that a written report of investments be submitted to the governing body at least quarterly; and WHEREAS, a Quarterly Investment Report for the quarter ending March 31, 2025 for the City of Round Rock has been submitted to the City Council; and WHEREAS, the City Council desires to acknowledge the receipt and acceptance of the attached Quarterly Investment Report, Now Therefore BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,TEXAS, That the Quarterly Investment Report, attached hereto as Exhibit "A" and incorporated herein, is hereby received and accepted. The City Council hereby finds and declares that written notice of the date, hour, place and subject of the meeting at which this Resolution was adopted was posted and that such meeting was open to the public as required by law at all times during which this Resolution and the subject matter hereof were discussed, considered and formally acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. RESOLVED this 22nd day of May, 2025. '14 A z CRAIGORG Mayor City of toullu rrk, Texas ATTEST: . //aa� 44-�t roc ANN F AN IN, City Clerk 0112.20252;4905-4450-6433 EXHIBIT «A» P�ROaU�ND ROCK TEXAS QUARTERLY INVESTMENT REPORT For the Quarter Ended March 31, 2025 Prepared by Valley View Consulting, L.L.C. The investment portfolio of the City of Round Rock,Texas is in compliance with the Public Funds Investment Act and the Investment Policy and Strategies. Chief Financial Officer Deputy Chief Financial Officer Controller / Treasury Accountant Valley Vie C sulting, LLC Dated Disclaimer:These reports were compiled using information provided by the City. No procedures were performed to test the accuracy or completeness of this information. The market values included in these reports were obtained by Valley View Consulting,L.L.C.from sources believed to be accurate and represent proprietary valuation. Due to market fluctuations these levels are not necessarily reflective of current liquidation values. Yield calculations are not determined using standard performance formulas,are not representative of total return yields and do not account for investment advisor fees. Summary Holdings by Investment Category(Security Sector) March 31,2025 YTM @ Description Cost Book Value Market Value Cash 0.03% $ 15,701,191 $ 15,701,191 Certificates of Deposit 4.48% 152,047,032 152,047,032 Local Government Investment Pool 4.35% 115,763,644 115,763,644 Money Market Accounts 4.51% 64,928,594 64,928,594 US Agency 4.69% 215,810,319 216,740,093 US Treasury 4.65% 14,762,986 14,800,461 Total/Average 4.42% $ 579,013,766 $ 579,981,015 December 31,2024 YTM @ Description Cost Book Value Market Value Cash 0.09% $ 21,835,211 $ 21,835,211 Certificates of Deposit 4.50% 155,772,375 155,772,375 Local Government Investment Pool 4.58% 65,842,357 65,842,357 Money Market Accounts 4.60% 64,204,351 64,204,351 US Agency 4.72% 225,494,045 226,332,633 US Treasury 4.65% 14,695,994 14,730,919 Total/Average 4.44% $ 547,844,333 $ 548,717,845 Average Yield Current Fiscal Year- Quarter(1) to-Date(2) Total Portfolio 4.42% 4.43% TexPool Yield 4.33% 4.45% Rolling Three Mo.Treas.Yield 4.34% 4.45% Rolling Six Mo.Treas.Yield 4.34% 4.49% Rolling 1 Yr.Treas.Yield 4.55% 4.62% Rolling 2 Yr.Treas.Yield 4.46% 4.47% Investment Income(3) Interest Income(Approximate) $ 6,416,666 $ 12,848,894 WAM at 3/31/2025 Policy WAM Max Total Portfolio 189 days 540 days Pooled Funds 218 days 540 days (1)Average Yield calculated using quarter end report yields and adjusted book values and does not reflect a total return analysis or account for advisory fees. (2)Fiscal Year-to-Date Average Yields calculated using quarter end report yields and adjusted book values and does not reflect a total return analysis or account for advisory fees. (3)Investment Income includes coupon interest,accrued interest,and discount and premium amortization. 1 City of Round Rock Valley View Consulting,L.L.C. Economic Overview 3/31/2025 The Federal Open Market Committee(FOMC)kept the Fed Funds target range at 4.25%-4.50%(Effective Fed Funds trade+/-4.33%). Expectations for additional rate cuts are volatile with current estimates at four 0.25%cuts projected during 2025. March Non-Farm Payroll increased to+228k new jobs,but the Three Month Rolling Average decreased to+152k(from the previous+200k). Fourth Quarter 2024 final GDP ticked up to+2.4%with 2.8%expansion for all of 2024. The S&P 500 Stock Index dipped+/-3%in March to under 5,600. The yield curve flattened with a slight checkmark shape. Crude Oil bounced+1-$70 per barrel. Inflation remains above the FOMC 2%target(Core PCE+/-2.8%and Core CPI+/-3.1%). Declining global economic outlook and ongoing/expanding international political disruptions increases uncertainty. 6.00 Treasury Yield Curves S&P 500 _ 6.2p58 5.00 5:905 - - � � 5 _ 5;2 - 4 750 - 4.00 4125050 3;0p58 3.00 3,500 5 2.00 - - _ - -_ _ -- - - - - - -- 2s00oo 2,250 2:9°8 1.00 1,500 1,088 0.00 28 _----- - - O" .y`J .y�� IV 'D h O or o0 os os o� dy o� os os os dy -March 31,2024 December 31,2024 --•March 31,2025 6.00 US Treasury Historical Yields-Since 2006 6.00 US Treasury Historical Yields-Since Nov 2018 5.50 - - -- - 5.50 5.00 5.00 4.50 4.50 4.00 -- - -- --------- - 4.00 3.50 3.50 3.00 3.00 2.50 - - - - - - -- - 2.50 2.00 2.00 an 1.50 1.50 1.00 - ---- - -- r - 1.00 ' r I 0.50 ---- --------- 0.50 ►+. w_ J 0.00 . � � 0.00 611 00 . � � a ah56611 0e9900 . M A h �0 .°' �9 ti� LO L1 L1 Lti Lti ti� "P 'ba '0 ,�f��OCA O�Ae�OC �1 1C1 1�� '�C1`1C'�"1C'� �1`1C1 1�1 1�1�1� �•� �•C C `LC;L Off' 1. O� a�' a�' O� a�' O� a�' O� � � t� -Six Month T-Bill Two Year T-Note Ten Year T-Note -Six Month T-Bill Two Year T-Note Ten Year T-Note All numbers estimated and subject to change. Valley View Consulting,L.L.C. 2 Holdings by Investment Category March 31, 2025 Pooled Debt Service Debt Service Reserve Capital Project&Special Total Funds Funds Funds Purpose Funds Portfolio Description Book Value %of Portfolio Book Value %of Portfolio Book Value %of Portfolio Book Value %of Portfolio Book Value %of Portfolio Cash $ 15,701,191 3% $ — 0% $ — 0% $ — 0% $ 15,701,191 3% Certificates of Deposit 152,047,032 26% — 0% — 0% — 0°% 152,047,032 26°% Investment Pools 62,390,075 11% 27,174,712 5% 3,046,436 1% 23,152,421 4% 115,763,644 20% Money Market Accounts 42,337,032 7% — 0% — 0% 22,591,562 4% 64,928,594 11°% Municipal — 0% — 0% — 0% — 0% — 0% US Agency 215,810,319 37% — 0% — 0% — 0% 215,810,319 1 37% US Treasury 14,762,986 3% — 0% — 0% — 0% 14,762,986 1 3% Total/Average $503,048,635 87% $ 27,174,712 5% $ 3,046,436 1% $ 45,743,983 8% $579,013,766 100°% Portfolio Balances (Millions) Order of Liquidity $soo .Cash $500 ❑Local Government Investment Pool $400 0 Money Market Account $300 0 U Treasury $200 11US Agency ❑Municipal $100 ■Certificates of Deposit Pooled Funds DS Funds DSR Funds CP&SP Funds Total Portfolio 3/31/2025 3/31/2025 3/31/2025 3/31/2025 3/31/2025 3 City of Round Rock Valley View Consulting,L.L.C. Investment Holdings by Investment Category Quarterly Transactions By Investment Category March 31,2025 March 31,2025 %of Portfolio Net Cash Equivalent Description Book Value Portfolio Limitation Description Buys Sells Maturities Calls Interest Deposit/(Withdrawal) Cash $ 15,701,191 2.7% 100% Cash $ — $ — $ — $ — $ — $ 6,134,020 Investment Pools 115,763,644 20.0% 100% Investment Pools — — — — 1,155,443 49,921,287 Money Market Accounts 64,928,594 11.2% 75% Money Markets Accounts — — — — 724,243 724,243 Certificates of Deposit 152,047,032 26.3% 85% Certificates of Deposit 12,576,699 — 16,302,043 — 1,738,111 — Commercial Paper —1 0.0% 1 10%/5% Commercial Paper — — — — — Municipal — 0.09/6 35%/5% Municipal — — — — — — US Agency 215,810,319 37.3% 85% US Agency 15,000,000 — 25,000,000 — 2,208,000 — US—TreasuryLjS—Treasury 14,762,986 2.5% 85% US Treasury — — — — 15,625 — Total/Average $ 579,013,766 100% PASSED Totals $ 27,576,699 $ —1 $ 41,302,043 $ — $ 5,841,422 1 $ 44,511,511 Portfolio Balances (Millions) Portfolio Composition Order of Liquidity March 31,2025 Money Market Accounts 11.2% $600 ■Cash Investment Pools 20.0% Certificates of $500 ®Local Government Deposit 26.3% Investment Pool $400 ■Money Market Account $300 ■US Treasury Cash 2.7% $200 ■US Agency US Treasury 2.5% $100 ❑Municipal $0 ■Certificates of Deposit a bt b.OV ��rya 11P t �5 US Agency 9 6 0 �� 'S 37.3% 4 City of Round Rock Valley View Consulting,L.L.C. City of Round Rock Pooled Funds Performance 5.50 5.00 4.50 - -- - - - 4.00 3.50 M c 3.00 a 2.50 2.00 1.50 %% / 1.00 � o � 0.50 - - 0.00 N O O O O O O O O O O O O O O O O O O Off' O`�' Off' 0`1' O`t' Off' O`�' Off' Off' Off' Off' Off' O`l' 0`1' Off' Off' Off' Off' Off' Off' O`1' p0 p\`b \'p\'p\`b �.\�' Round Rock TexPool Rolling 1.5 yr Treasury (Policy WAM max) Rolling 9 mo Treasury 5 City of Round Rock Valley View Consulting,L.L.C. Portfolio Balances By Fund (Millions) $600 $500 ■Capital Project&Special Purpose Funds $400 0 Debt Service Reserve Funds $300 ❑Debt Service Funds $200 $100 aPooled Funds $0 1. 6 City of Round Rock Valley View Consulting,L.L.C. Holdings by Allocation and Portfolio Fund March 31, 2025 Coupon Settlement Face Amount/ Market Days to YTM @ Issuer Rate Credit Rating Date Shares Book Value Price Market Value Maturity Date Maturity Book Fund 000-Pooled Investments JPMor an Chase 0.03% 9/30/2015 $ 15,701,191 $ 15,701,191 100.00 $ 15,701,191 N/A 1 0.03% NexBank 4.50% 11/29/2016 28,269,970 28,269,970 100.00 28,269,970 N/A 1 4.50% NexBank 4.50% 1/13/2023 13,852,038 13,852,038 100.00 13,852,038 N/A 1 4.50% Veritex Community Bank 4.42% 9/1/2020 215,024 215,024 100.00 215,024 N/A 1 4.42% TexasDAILY 4.35% AAAm 9/30/2015 2,572,279 2,572,279 100.00 2,572,279 N/A 1 4.35% TexasDAILY 4.35% AAAm 6/1/2021 2,754 2,754 100.00 2,754 N/A 1 4.35% TexasDAILY Select 4.46% AAAm 12/3/2021 5,707,341 5,707,341 100.00 5,707,341 N/A 1 4.46% TexPool 4.35% AAAm 9/30/2015 53,879,945 53,879,945 100.00 53,879,945 N/A 1 4.35% TexSTAR 4.34% AAAm 9/30/2015 227,756 227,756 100.00 227,756 N/A 1 4.34% Veritex Community Bank 5.12% 3/8/2024 5,262,093 5,262,093 100.00 5,262,093 4/8/2025 8 5.12% Treasury 2.63% Aaa/AA+/AA+ 2/24/2023 5,000,000 4,996,076 99.91 4,995,623 4/15/2025 15 4.65% American Nat'l Bank&Trust 4.50% 3/30/2023 10,938,556 10,938,556 100.00 10,938,556 4/28/2025 28 4.50% American Nat'l Bank&Trust 4.50% 3/30/2023 10,921,085 10,921,085 100.00 10,921,085 5/15/2025 45 4.50% American Nat'l Bank&Trust 5.00% 11/24/2023 5,350,042 5,350,042 100.00 5,350,042 5/22/2025 52 5.00% American Nat'l Bank&Trust 5.00% 11/29/2023 5,345,703 5,345,703 100.00 5,345,703 5/29/2025 59 5.00% Texas Bank 4.66% 12/12/2024 5,437,021 5,437,021 100.00 5,437,021 6/12/2025 73 4.66% Texas Bank 4.56% 6/15/2023 3,264,370 3,264,370 100.00 3,264,370 6/12/2025 73 4.56% FHLB 4.75% Aaa/AA+/-- 7/7/2023 5,000,000 4,995,746 100.06 5,002,815 6/13/2025 74 5.19% American Nat'l Bank&Trust 4.56% 6/22/2023 8,675,625 8,675,625 100.00 8,675,625 6/19/2025 80 4.56% FHLB 4.75% Aaa/AA+/-- 6/22/2023 8,000,000 8,000,000 100.08 8,006,325 6/20/2025 81 4.75% FHLB 4.81% Aaa/AA+/-- 3/7/2024 5,000,000 5,000,000 100.10 5,004,844 7/7/2025 98 4.81% American Nat'l Bank&Trust 5.10% 9/14/2023 3,237,756 3,237,756 100.00 3,237,756 7/14/2025 105 5.10% FHLB 3.60% Aaa/AA+/-- 8/28/2023 500,000 497,724 99.76 498,808 7/18/2025 109 5.22% FHLMC 0.38% Aaa/AA+/AA+ 8/28/2023 5,000,000 4,931,708 98.80 4,939,924 7/21/2025 112 5.11% FFCB 4.88% Aaa/AA+/AA+ 8/16/2023 5,000,000 4,997,573 100.15 5,007,739 7/28/2025 119 5.03% American Nat'l Bank&Trust 5.10% 9/19/2023 5,396,260 5,396,260 100.00 5,396,260 8/19/2025 141 5.10% FAMC 5.18% 9/27/2023 10,000,000 10,000,000 100.30 10,029,878 8/27/2025 149 5.18% American Nat'l Bank&Trust 5.25% 11/9/2023 4,288,968 4,288,968 100.00 4,288,968 9/9/2025 162 5.25% Wallis Bank 5.30% 11/15/2023 6,409,781 6,409,781 100.00 6,409,781 9/15/2025 168 5.30% American Nat'l Bank&Trust 5.00% 12/7/2023 5,340,524 5,340,524 100.00 5,340,524 10/2/2025 185 5.00% American Nat'l Bank&Trust 4.90% 12/14/2023 5,328,484 5,328,484 100.00 5,328,484 10/9/2025 192 4.90% Treasury 5.00% Aaa/AA+/AA+ 4/25/2024 5,000,000 4,998,416 100.45 5,022,413 10/31/2025 214 5.06% TVA 0.00% Aaa/AA+/AA+ 1/19/2024 5,000,000 4,871,299 97.58 4,878,750 11/1/2025 215 4.61% TVA 0.00% Aaa/AA+/AA+ 1/30/2024 10,000,000 9,742,567 97.58 9,757,500 11/1/2025 215 4.61% FNMA 0.50% Aaa/AA+/AA+ 1/4/2024 10,000,000 9,772,906 97.80 9,779,890 11/7/2025 221 4.45% FHLB 4.75% Aaa/AA+/-- 2/5/2024 15,000,000 15,030,336 100.41 15,060,872 12/12/2025 256 4.44% Independent Financial Bank 3.40% 12/31/2024 10,976,879 10,976,879 100.00 10,976,879 12/31/2025 275 3.40% FHLB 4.50% Aaa/AA+/-- 2/14/2024 13,000,000 13,000,000 100.25 13,032,383 1/2/2026 277 4.50% FHLB 4.70% Aaa/AA+/-- 2/26/2024 15,000,000 15,000,000 100.47 15,069,879 2/13/2026 319 4.70% FFCB 4.63% Aaa/AA+/AA+ 3/6/2024 20,000,000 20,008,967 100.47 20,094,214 3/5/2026 339 4.57% Cornerstone Capital Bank 4.50% 9/5/2024 12,311,521 12,311,521 100.00 12,311,521 3/5/2026 339 4.50% Cornerstone Capital Bank 4.40% 9/26/2024 12,273,689 12,273,689 100.00 12,273,689 3/26/2026 3601 4.40% FAMC 4.65% 4/22/2024 10,000,000 9,965,396 100.51 10,051,072 4/8/2026 3731 5.01% FFCB 4.88% Aaa/AA+/AA+ 4/25/2024 10,000,000 9,990,608 100.74 10,073,808 4/15/2026 380 4.97% FAMC 4.95% 1 5/6/2024 1 10,000,000 1 10,000,000 100.90 10,089,575 5/6/2026 401 4.95% FFCB 4.750/. Aaa/AA+/AA+ 5/9/2024 2,000,000 1,997,689 100.79 2,015,890 5/8/2026 403 4.86% FFCB 4.88% 1 Aaa/AA+/AA+ 5/16/2024 3,000,000 3,003,506 100.86 3,025,732 5/15/2026 410 4.77% FHLB 4.88% Aaa/AA+/-- 6/6/2024 5,000,000 5,004,294 100.93 5,046,663 6/12/2026 438 4.79% 7 City of Round Rock Valley View Consulting,L.L.C. Holdings by Allocation and Portfolio Fund March 31, 2025 Coupon Settlement Face Amount/ Book Days to YTM @ Issuer Rate Credit Rating Date Shares Book Value Price Market Value Maturity Date Maturity Book FAMC 4.75% 6/21/2024 20,000,000 20,000,000 100.79 20,157,134 6/18/2026 444 4.75% Treasury 0.63% Aaa/AA+/AA+ 12/18/2024 5,000,000 4,768,494 95.65 4,782,426 7/31/2026 487 4.25% FAMC 4.27% 2/6/2025 15,000,000 15,000,000 100.28 15,042,366 8/6/2026 493 4.27% American Nat'l Bank&Trust 4.20% 2/10/2025 10,976,496 10,976,496 100.00 10,976,496 9/10/2026 5281 4.20% Third Coast Bank 1 3.75% 1 1 10/3/2024 20,312,181 1 20,312,181 1 100.00 1 20,312,181 1 10/3/2026 5511 3.75% FAMC 1 4.33% 1 11/20/2024 15,000,000 1 15,000,000 100.49 1 15,074,034 1 11/20/2026 5991 4.33% Sub Total/Avera a 1 4.10% 1 503,975,330 1 503,048,635 100.01 1 504,015,884 1 21 8T 4.421/6 Fund 170-Interest&Sinking GO Bonds TexasDAILY 4.35% AAArn 1 4/30/2016 31,404 31,404 100.00 31,404 N/A 1 4.35% TexPool 4.35% AAArn 1 9/30/2015 22,347,889 22,347,889 100.00 1 22,347,889 1 N/A 1 4.35% Sub Total/Average 4.35% 1 22,379,293 22,379,293 100.00 1 22,379,293 1 11 4.35% Fund 466&467-2024 CO TexPool 4.35% AAArn 1 5/17/2024 11,773,550 11,773,550 100.00 1 11,773,550 1 N/A 1 4.35% Sub Total/Average 4.35% 1 11,773,550 11,773,550 100.00 1 11,773,550 1 1 4.35% Fund 551 -2024 LTN TexPool 4.35% AAArn 1 5/17/2024 8,341,761 8,341,761 100.00 1 8,341,761 N/A 1T 4.35% Sub Total/Average 4.35% 1 8,341,761 8,341,761 100.00 1 8,341,761 11 4.35% Fund 602-Interest&Sinking Revenue Bonds TexPool 4.35% AAArn 9/30/2015 4,795,419 4,795,419 100.00 1 4,795,419 N/A 11 4.35% Sub Total/Average 4.35% 4,795,419 4,795,419 100.00 1 4,795,419 11 4.35% Fund 604-2022 SIB Loan TexPool 4.35% AAArn 9/29/2022 3,037,110 3,037,110 100.00 3,037,110 N/A 1 4.35% American Nat'l Bank&Trust 0.35% 9/19/2023 679 679 100.00 679 N/A 1 0.35% American Nat'l Bank&Trust 4.54% 11/21/2022 22,590,882 22,590,882 100.00 22,590,882 N/A 1 4.54% Sub Total/Average 4.52% 25,628,672 25,628,672 100.00 25,628,672 1 4.52% Fund 605-Kalahari Debt Service Reserve TexPool 4.35% AAArn 1 8/30/2019 1 3,046,436 3,046,436 100.00 3,046,436 N/A 1 1 4.35% Sub Total/Average 4.35% 3,046,436 3,046,436 100.00 3,046,436 1 4.35% Total/Average 4.14% 1 1 $ 579,940,461 $ 579,013,766 100.01 $ 579,981,015 1 1 189 4.42% 8 City of Round Rock Valley View Consulting,L.L.C. Book Value Comparison March 31, 2025 Issuer Coupon Settlement Maturity Beginning Book Total Buys/ Total Sells/ Ending Book Change in Book Rate Date Date Value Increases Decreases Value Value Fund 000-Pooled Investments JPMor an Chase N/A 9/30/2015 N/A $ 21,835,211 $ 9,027,129 $ 15,161,149 $ 15,701,191 $ 6,134,020 NexBank N/A 11/29/2016 N/A 27,955,402 314,568 - 28,269,970 314,568 NexBank N/A 1/13/2023 N/A 13,697,902 154,136 - 13,852,038 154,136 Veritex Community Bank N/A 9/1/2020 N/A 212,744 2,279 - 215,024 2,279 TexasDAILY N/A 9/30/2015 N/A 2,544,710 27,569 - 2,572,279 27,569 TexasDAILY N/A 6/1/2021 N/A 2,724 30 - 2,754 30 TexasDAILY Select N/A 12/3/2021 N/A 5,644,402 62,939 - 5,707,341 62,939 TexPool N/A 9/30/2015 N/A 21,648,874 49,334,296 17,103,225 53,879,945 32,231,071 TexSTAR N/A 9/30/2015 N/A 225,323 2,433 - 227,756 2,433 Independent Financial Bank 4.50% 1/31/2023 1/31/2025 5,402,456 - 5,402,456 - 5,402,456 American Nat'l Bank&Trust 4.50% 2/10/2023 2/10/2025 10,858,088 41,499 10,899,587 - 10,858,088 FHLB 4.50% 2/24/2023 2/13/2025 4,998,004 - 5,000,000 - 4,998,004 FHLB 4.69% 2/15/2023 3/14/2025 20,000,000 - 20,000,000 - 20,000,000 Veritex Community Bank 5.12% 3/8/2024 4/8/2025 5,196,217 65,877 - 5,262,093 65,877 Treasury 2.63% 2/24/2023 4/15/2025 4,972,534 - - 4,996,076 23,543 American Nat'l Bank&Trust 4.50% 3/30/2023 4/28/2025 10,818,076 120,480 - 10,938,556 120,480 American Nat'l Bank&Trust 4.50% 3/30/2023 5/15/2025 10,800,797 120,288 - 10,921,085 120,288 American Nat'l Bank&Trust 5.00% 11/24/2023 5/22/2025 5,284,492 65,550 - 5,350,042 65,550 American Nat'l Bank&Trust 5.00% 11/29/2023 5/29/2025 5,280,165 65,538 - 5,345,703 65,538 Texas Bank 4.66% 12/12/2024 6/12/2025 5,374,909 62,112 - 5,437,021 62,112 Texas Bank 4.56% 6/15/2023 6/12/2025 3,225,333 39,037 - 3,264,370 39,037 FHLB 4.75% 7/7/2023 6/13/2025 4,990,571 - - 4,995,746 5,174 American Nat'l Bank&Trust 4.56% 6/22/2023 6/19/2025 8,578,629 96,995 - 8,675,625 96,995 FHLB 4.75% 6/22/2023 6/20/2025 8,000,000 - - 8,000,000 - FHLB 4.81% 3/7/2024 7/7/2025 5,000,000 - - 5,000,000 - American Nat'l Bank&Trust 5.10% 9/14/2023 7/14/2025 3,197,379 40,377 - 3,237,756 40,377 FHLB 3.60% 8/28/2023 7/18/2025 495,845 - - 497,724 1,879 FHLMC 0.38% 8/28/2023 7/21/2025 4,876,831 - - 4,931,708 54,877 FFCB 4.88% 8/16/2023 7/28/2025 4,995,738 - - 4,997,573 1,835 American Nat'l Bank&Trust 5.10% 9/19/2023 8/19/2025 5,328,965 67,295 - 5,396,260 67,295 FAMC 5.18% 9/27/2023 8/27/2025 10,000,000 - - 10,000,000 - American Nat'l Bank&Trust 5.25% 11/9/2023 9/9/2025 4,233,922 55,046 - 4,288,968 55,046 Wallis Bank 5.30% 11/15/2023 9/15/2025 6,325,282 84,499 - 6,409,781 84,499 American Nat'l Bank&Trust 5.00% 12/7/2023 10/2/2025 5,275,090 65,433 - 5,340,524 65,433 American Nat'l Bank&Trust 4.90% 12/14/2023 10/9/2025 5,264,495 63,988 - 5,328,484 63,988 Treasury 5.00% 4/25/2024 10/31/2025 4,997,749 - - 4,998,416 666 TVA 0.00% 1/30/2024 11/1/2025 9,634,804 - - 9,742,567 107,763 TVA 0.00% 1/19/2024 11/1/2025 4,817,425 - - 4,871,299 53,875 FNMA 0.50% 1/4/2024 11/7/2025 9,680,424 - - 9,772,906 92,482 FHLB 4.75% 2/5/2024 12/12/2025 15,041,001 - - 15,030,336 10,665 Independent Financial Bank 3.40% 12/31/2024 12/31/2025 10,885,619 91,260 - 10,976,879 91,260 FHLB 4.50% 2/14/2024 1/2/2026 13,000,000 - - 13,000,000 - FHLB 4.70% 2/26/2024 2/13/2026 15,000,000 - - 15,000,000 - FFCB 4.63% 3/6/2024 3/5/2026 20,011,347 - - 20,008,967 2,381 Cornerstone Capital Bank 4.50% 9/5/2024 3/5/2026 12,175,748 135,773 - 12,311,521 135,773 Cornerstone Capital Bank 4.40% 9/26/2024 3/26/2026 12,141,197 132,493 - 12,273,689 132,493 FAMC 4.65% 4/22/2024 4/8/2026 9,957,046 - - 9,965,396 8,350 FFCB 4.88% 1 4/25/2024 4/15/2026 9,988,383 - - 9,990,608 2,224 FAMC 4.95% 5/6/2024 5/6/2026 10,000,000 - - 10,000,000 - FFCB 4.75% 5/9/2024 5/8/2026 1,997,173 - - 1,997,689 516 FFCB 4.88% 1 5/16/2024 5/15/2026 3,004,276 - - 3,003,506 770 FHLB 4.88% 1 6/6/2024 6/12/2026 5,005,176 - - 5,004,294 882 9 City of Round Rock Valley View Consulting, L.L.C. Book Value Comparison March 31, 2025 Issuer Coupon Settlement Maturity Beginning Book Total Buys/ Total Sells/ Ending Book Change in Book Rate Date Date Value Increases Decreases Value Value FAMC 4.75% 6/21/2024 6/18/2026 20,000,000 — — 20,000,000 — Treasury 0.63% 12/18/2024 7/31/2026 4,725,711 — — 4,768,494 42,783 FAMC 4.27% 2/6/2025 8/6/2026 — 15,000,000 — 15,000,000 15,000,000 American Nat'l Bank&Trust 4.20% 2/10/2025 9/10/2026 — 10,976,496 — 10,976,496 10,976,496 Third Coast Bank 3.75% 10/3/2024 10/3/2026 20,125,516 1 186,666 — 20,312,181 186,666 FAMC 4.33% 11/20/2024 11/20/2026 15,000,000 — — 15,000,000 — Sub Total/Average Fund 000-Pooled Investments 489,729,709 86,502,077 1 73,566,417 1 503,048,635 13,318,927 Fund 170-Interest&Sinking GO Bonds TexPool N/A 9/30/2015 N/A 2,843,117 19,504,772 1 — 22,347,889 19,504,772 TexasDAILY N/A 4/30/2016 N/A 31,067 337 — 31,404 337 Sub Total/Average Fund 170-Interest&Sinking GO Bonds 2,874,184 19,505,109 — 22,379,293 19,505,109 Fund 466&467-2024 CO TexPool N/A 5/17/2024 N/A 17,106,143 181,310 1 5,513,904 11,773,550 5,332,593 Sub Total/Average Fund 466&467-2024 CO 17,106,143 181,310 1 5,513,904 1 11,773,550 5,332,593 Fund 551 -2024 LTN TexPool N/A 5/17/2024 N/A 8,252,704 89,056 1 — 8,341,761 89,056 Sub Total/Average Fund 551 -2024 LTN 8,252,704 89,056 1 8,341,761 89,056 Fund 602-Interest&Sinking Revenue Bonds TexPool N/A 9/30/2015 N/A 2,818,007 1,977,412 1 4,795,419 1,977,412 Sub Total/Average Fund 602-Interest&Sinking Revenue Bonds 2,818,007 1,977,412 1 4,795,419 1,977,412 Fund 604-2022 SIB Loan TexPool N/A 9/29/2022 N/A 3,004,686 32,424 1 3,037,110 32,424 American Nat'l Bank&Trust N/A 9/19/2023 N/A 679 1 — 679 1 American Nat'l Bank&Trust N/A 11/21/2022 N/A 1 22,337,623 253,260 — 22,590,882 253,260 Sub Total/Average Fund 604-2022 SIB Loan 1 25,342,987 285,684 — 25,628,672 285,684 Fund 605-Kalahari Debt Service Reserve TexPool N/A 8/30/2019 N/A 1 1,720,598 1,672,214 346,376 3,046,436 1,325,838 Sub Total/Average Fund 605-Kalahari Debt Service Reserve 1,720,598 1,672,214 346,376 3,046,436 1,325,838 Total/Average $ 547,844,333 $ 110,212,863 $ 79,426,696 $ 579,013,766 $ 31,169,433 10 City of Round Rock Valley View Consulting,L.L.C. Market Value Comparison March 31, 2025 Issuer Coupon Settlement Maturity Beginning Total Buys/ Total Sells/ Ending Market Change in Rate Date Date Market Value Increases Decreases Value Market Value Fund 000-Pooled Investments JPMor an Chase N/A 9/30/2015 N/A $ 21,835,211 $ 9,027,129 $ 15,161,149 $ 15,701,191 $ - NexBank N/A 11/29/2016 N/A 27,955,402 314,568 - 28,269,970 - NexBank N/A 1/13/2023 N/A 13,697,902 154,136 - 13,852,038 - Ventex Community Bank N/A 9/1/2020 N/A 212,744 2,279 - 215,024 - TexasDAILY N/A 9/30/2015 N/A 2,544,710 27,569 - 2,572,279 - TexasDAILY N/A 6/1/2021 N/A 2,724 30 - 2,754 - TexasDAILY Select N/A 12/3/2021 N/A 5,644,402 62,939 - 5,707,341 - TexPool N/A 9/30/2015 N/A 21,648,874 49,334,296 17,103,225 53,879,945 - TexSTAR N/A 9/30/2015 N/A 225,323 2,433 - 227,756 Independent Financial Bank 4.50% 1/31/2023 1/31/2025 5,402,456 - 5,402,456 - - American Nat'l Bank&Trust 4.50% 2/10/2023 2/10/2025 10,858,088 41,499 10,899,587 - - FHLB 4.50% 2/24/2023 2/13/2025 5,000,275 - 5,000,000 - 275 FHLB 4.69% 2/15/2023 3/14/2025 20,008,820 - 20,000,000 - 8,820 Veritex Community Bank 5.12% 3/8/2024 4/8/2025 5,196,217 65,877 - 5,262,093 - Treasury 2.63% 2/24/2023 4/15/2025 4,976,505 - - 4,995,623 19,119 American Nat'l Bank&Trust 4.50% 3/30/2023 4/28/2025 10,818,076 120,480 - 10,938,556 - American Nat'l Bank&Trust 4.50% 3/30/2023 5/15/2025 10,800,797 120,288 - 10,921,085 - American Nat'l Bank&Trust 5.00o/ 11/24/2023 5/22/2025 5,284,492 65,550 - 5,350,042 - American Nat'l Bank&Trust 5.00% 11/29/2023 5/29/2025 5,280,165 65,538 - 5,345,703 - Texas Bank 4.66% 12/12/2024 6/12/2025 5,374,909 62,112 - 5,437,021 - Texas Bank 4.56% 6/15/2023 6/12/2025 3,225,333 39,037 - 3,264,370 - FHLB 4.75% 7/7/2023 6/13/2025 5,007,551 - - 5,002,815 4,736 American Nat'l Bank&Trust 4.56% 6/22/2023 6/19/2025 8,578,629 96,995 - 8,675,625 - FHLB 4.75% 6/22/2023 6/20/2025 8,015,790 - - 8,006,325 9,465 FHLB 4.81% 3/7/2024 7/7/2025 5,011,101 - - 5,004,844 6,257 American Nat'l Bank&Trust 5.10% 9/14/2023 7/14/2025 3,197,379 40,377 - 3,237,756 - FHLB 3.60% 1 8/28/2023 7/18/2025 497,976 - - 498,808 833 FHLMC 0.38% 8/28/2023 7/21/2025 4,891,800 - - 4,939,924 48,125 FFCB 4.88% 8/16/2023 7/28/2025 5,014,879 - - 5,007,739 7,141 American Nat'l Bank&Trust 5.10% 9/19/2023 8/19/2025 5,328,965 67,295 - 5,396,260 - FAMC 5.18% 9/27/2023 8/27/2025 10,051,439 - - 10,029,878 21,561 American Nat'l Bank&Trust 5.25% 11/9/2023 9/9/2025 4,233,922 55,046 - 4,288,968 - Wallis Bank 5.30% 11/15/2023 9/15/2025 6,325,282 84,499 - 6,409,781 - American Nat'l Bank&Trust 5.00% 1 12/7/2023 10/2/2025 5,275,090 65,433 - 5,340,524 - American Nat'l Bank&Trust 4.90% 12/14/2023 10/9/2025 5,264,495 63,988 - 5,328,484 - Treasury 5.00% 4/25/2024 10/31/2025 5,028,917 - - 5,022,413 6,504 TVA 0.00%_ 1/30/2024 11/1/2025 9,638,900 - - 9,757,500 118,600 TVA 0.00% 1/19/2024 11/1/2025 4,819,450 - - 4,878,750 59,300 FNMA 0.50% 1/4/2024 11/7/2025 9,688,451 - - 9,779,890 91,439 FHLB 4.75% 2/5/2024 12/12/2025 15,073,547 - - 15,060,872 12,675 Independent Financial Bank 3.40% 12/31/2024 12/31/2025 10,885,619 91,260 - 10,976,879 - FHLB 4.50% 2/14/2024 1/2/2026 13,040,690 - - 13,032,383 8,307 FHLB 4.70% 2/26/2024 2/13/2026 15,080,850 - - 15,069,879 10,971 FFCB 4.63% 3/6/2024 3/5/2026 20,045,016 - - 20,094,214 49,198 Cornerstone Capital Bank 4.50% 9/5/2024 3/5/2026 12,175,748 135,773 - 12,311,521 - Cornerstone Capital Bank 4.40% 9/26/2024 3/26/2026 12,141,197 132,493 - 12,273,689 - FAMC4.65°/ 4/22/2024 4/8/2026 10,048,190 - - 10,051,072 2,882 FFCB 4.88% 4/25/2024 4/15/2026 10,082,389 - - 10,073,808 8,581 FAMC 4.95% 5/6/2024 5/6/2026 10,090,400 - - 10,089,575 825 FFCB 4.75% 5/9/2024 5/8/2026 2,015,700 - - 2,015,890 190 FFCB 4.88% 1 5/16/2024 5/15/2026 3,027,193 - - 3,025,732 (1,461 FHLB 4.88% 1 6/6/2024 6/12/2026 5,044,834 - - 5,046,663 1,830 11 City of Round Rock Valley View Consulting,L.L.C. Market Value Comparison March 31, 2025 Issuer Coupon Settlement Maturity Beginning Total Buys/ Total Sells/ Ending Market Change in Rate Date Date Market Value Increases Decreases Value Market Value FAMC 4.75% 6/21/2024 6/18/2026 20,137,316 — — 20,157,134 19,818 Treasury 0.63% 12/18/2024 7/31/2026 4,725,498 — — 4,782,426 56,928 FAMC 4.27% 2/6/2025 8/6/2026 — 15,000,000 — 15,042,366 42,366 American Nat'l Bank&Trust 4.20% 2/10/2025 9/10/2026 — 10,976,496 — 10,976,496 — Third Coast Bank 3.75% 10/3/2024 10/3/2026 20,125,516 186,666 — 20,312,181 — FAMC 4.33% 11/20/2024 11/20/2026 15,000,080 — — 15,074,034 73,955 Sub Total/Average Fund 000-Pooled Investments 490,603,222 86,502,077 1 73,566,417 1 504,015,884 477,002 Fund 170-Interest&Sinking GO Bonds TexPool N/A 9/30/2015 N/A 2,843,117 1 19,504,772 1 — 22,347,889 — TexasDAILY N/A 4/30/2016 N/A 31,067 337 — 31,404 — Sub Total/Average Fund 170-Interest&Sinking GO Bonds 2,874,184 19,505,109 — 22,379,293 — Fund 466&467-2024 CO TexPool N/A 5/17/2024 N/A 17,106,143 181,310 1 5,513,904 11,773,550 — Sub Total/Average Fund 466&467-2024 CO 17,106,143 181,310 1 5,513,904 1 11,773,550 — Fund 551 -2024 LTN TexPool N/A 5/17/2024 N/A 8,252,704 89,056 — 8,341,761 — Sub Total/Average Fund 551 -2024 LTN 8,252,704 1 89,056 — 8,341,761 — Fund 602-Interest&Sinking Revenue Bonds TexPool N/A 9/30/2015 N/A 2,818,007 1 1,977,412 — 4,795,419 — Sub Total/Average Fund 602-Interest&Sinking Revenue Bonds 2,818,007 1,977,412 — 4,795,419 — Fund 604-2022 SIB Loan TexPool N/A 9/29/2022 N/A 3,004,686 32,424 — 3,037,110 — American Nat'l Bank&Trust N/A 9/19/2023 N/A 679 1 — 679 — American Nat'l Bank&Trust N/A 11/21/2022 N/A 22,337,623 253,260 — 22,590,882 — Sub Total/Average Fund 604-2022 SIB Loan 25,342,987 285,684 — 25,628,672 — Fund 605-Kalahari Debt Service Reserve TexPool N/A 8/30/2019 N/A 1 1,720,598 1,672,214 346,376 1 3,046,436 — Sub Total/Average Fund 605-Kalahari Debt Service Reserve 1,720,598 1,672,214 346,376 3,046,436 — Total/Average $ 548,717,845 $ 110,212,863 $ 79,426,696 $ 579,981,015 $ 477,002 12 City of Round Rock Valley View Consulting,L.L.C. Holdings by Allocation and Portfolio Fund December 31, 2024 Issuer p oupon Credit Rating Settlement Book Value Face Amount/ Market Days to YTM @ Rate Date Shares PriMarket Value Maturity Date ce Maturity Book Fund 000-Pooled Investments JPMor an Chase 0.09% 9/30/2015 $ 21,835,211 $ 21,835,211 100.00 $ 21,835,211 N/A 1 0.09% NexBank 4.55% 11/29/2016 27,955,402 27,955,402 100.00 27,955,402 N/A 1 4.55% NexBank 4.55% 1/13/2023 13,697,902 13,697,902 100.00 13,697,902 N/A 1 4.55% Veritex Community Bank 4.56% 9/1/2020 212,744 212,744 100.00 212,744 N/A 1 4.56% TexasDAILY 4.57% AAAm 9/30/2015 2,544,710 2,544,710 100.00 2,544,710 N/A 1 4.57% TexasDAILY 4.57% AAAm 6/1/2021 2,724 2,724 100.00 2,724 N/A 1 4.57% TexasDAILY Select 4.75% AAAm 12/3/2021 5,644,402 5,644,402 100.00 5,644,402 N/A 1 4.75% TexPool 4.56% AAAm 9/30/2015 21,648,874 21,648,874 100.00 21,648,874 N/A 1 4.56% TexSTAR 4.56% AAAm 9/30/2015 225,323 225,323 100.00 225,323 N/A 1 4.56% Independent Financial Bank 4.50% 1/31/2023 5,402,456 5,402,456 100.00 5,402,456 1/31/2025 31 4.50% American Nat'l Bank&Trust 4.50% 2/10/2023 10,858,088 10,858,088 100.00 10,858,088 2/10/2025 41 4.50% FHLB 4.50% Aaa/AA+/-- 2/24/2023 5,000,000 4,998,004 100.01 5,000,275 2/13/2025 44 4.85% FHLB 4.69% Aaa/AA+/-- 2/15/2023 20,000,000 20,000,000 100.04 20,008,820 3/14/2025 73 4.69% Veritex Community Bank 5.12% 3/8/2024 5,196,217 5,196,217 100.00 5,196,217 4/8/2025 98 5.12% Treasury 2.63% Aaa/AA+/AA+ 2/24/2023 5,000,000 4,972,534 99.53 4,976,505 4/15/2025 105 4.65% American Nat'l Bank&Trust 4.50% 3/30/2023 10,818,076 10,818,076 100.00 10,818,076 4/28/2025 118 4.50% American Nat'l Bank&Trust 4.50% 3/30/2023 10,800,797 10,800,797 100.00 10,800,797 5/15/2025 135 4.50% American Nat'l Bank&Trust 5.00% 11/24/2023 5,284,492 5,284,492 100.00 5,284,492 5/22/2025 142 5.00% American Nat'l Bank&Trust 5.00% 11/29/2023 5,280,165 5,280,165 100.00 5,280,165 5/29/2025 149 5.00% Texas Bank 4.66% 12/12/2024 5,374,909 5,374,909 100.00 5,374,909 6/12/2025 163 4.66% Texas Bank 4.56% 6/15/2023 3,225,333 3,225,333 100.00 3,225,333 6/12/2025 163 4.56% FHLB 4.75% Aaa/AA+/-- 7/7/2023 5,000,000 4,990,571 100.15 5,007,551 6/13/2025 164 5.19% American Nat'l Bank&Trust 4.56% 6/22/2023 8,578,629 8,578,629 100.00 8,578,629 6/19/2025 170 4.56% FHLB 4.75% Aaa/AA+/-- 6/22/2023 8,000,000 8,000,000 100.20 8,015,790 6/20/2025 171 4.75% FHLB 4.81% Aaa/AA+/-- 3/7/2024 5,000,000 5,000,000 100.22 5,011,101 7/7/2025 188 4.81% American Nat'l Bank&Trust 5.10% 9/14/2023 3,197,379 3,197,379 100.00 3,197,379 7/14/2025 195 5.10% FHLB 3.60% Aaa/AA+/-- 8/28/2023 500,000 495,845 99.60 497,976 7/18/2025 199 5.22% FHLMC 0.38% Aaa/AA+/AA+ 8/28/2023 5,000,000 4,876,831 97.84 4,891,800 7/21/2025 202 5.11% FFCB 4.88% Aaa/AA+/AA+ 8/16/2023 5,000,000 4,995,738 100.30 5,014,879 7/28/2025 2091 5.03% American Nat'l Bank&Trust 5.10% 9/19/2023 5,328,965 5,328,965 100.00 5,328,965 8/19/2025 231 5.10% FAMC 5.18% 9/27/2023 10,000,000 10,000,000 100.51 10,051,439 8/27/2025 239 5.18% American Nat'l Bank&Trust 5.25% 11/9/2023 4,233,922 4,233,922 100.00 4,233,922 9/9/2025 252 5.25% Wallis Bank 5.30% 11/15/2023 6,325,282 6,325,282 100.00 6,325,282 9/15/2025 258 5.30% American Nat'l Bank&Trust 5.00% 12/7/2023 5,275,090 5,275,090 100.00 5,275,090 10/2/2025 275 5.00% American Nat'l Bank&Trust 4.90% 12/14/2023 5,264,495 5,264,495 100.00 5,264,495 10/9/2025 282 4.90% Treasury 5.00% Aaa/AA+/AA+ 4/25/2024 5,000,000 4,997,749 100.58 5,028,917 10/31/2025 304 5.06% TVA 0.00% Aaa/AA+/AA+ 1/19/2024 5,000,000 4,817,425 96.39 4,819,450 11/1/2025 305 4.61% TVA 0.00% Aaa/AA+/AA+ 1/30/2024 10,000,000 9,634,804 96.39 9,638,900 11/1/2025 305 4.61% FNMA 0.50% Aaa/AA+/AA+ 1/4/2024 10,000,000 9,680,424 96.88 9,688,451 11/7/2025 311 4.45% FHLB 4.75% Aaa/AA+/-- 2/5/2024 15,000,000 15,041,001 100.49 15,073,547 12/12/2025 346 4.44% Independent Financial Bank 3.40% 12/31/2024 10,885,619 10,885,619 100.00 10,885,619 12/31/2025 365 3.40% FHLB 4.50% Aaa/AA+/-- 2/14/2024 13,000,000 13,000,000 100.31 13,040,690 1/2/2026 367 4.50% FHLB 4.70% Aaa/AA+/-- 2/26/2024 15,000,000 15,000,000 100.54 15,080,850 2/13/2026 409 4.70% FFCB 4.63% Aaa/AA+/AA+ 3/6/2024 20,000,000 20,011,347 100.23 20,045,016 3/5/2026 429 4.57% Cornerstone Capital Bank 4.50% 9/5/2024 12,175,748 12,175,748 100.00 12,175,748 3/5/2026 429 4.50% Cornerstone Capital Bank 4.40% 9/26/2024 12,141,197 12,141,197 100.00 12,141,197 1 3/26/2026 450 4.40% FAMC 4.65% 4/22/2024 10,000,000 9,957,046 100.48 10,048,190 4/8/2026 463 5.01% FFCB 4.88% Aaa/AA+/AA+ 4/25/2024 10,000,000 9,988,383 100.82 10,082,389 4/15/2026 j 4701 4.97% 13 City of Round Rock Valley View Consulting,L.L.C. Holdings by Allocation and Portfolio Fund December 31, 2024 Coupon Settlement Face Amount/ Market Days to YTM @ Issuer Rate Credit Rating Date Shares Book Value Price Market Value Maturity Date Maturity Book FAMC 4.95% 5/6/2024 10,000,000 10,000,000 100.90 10,090,400 5/6/2026 491 4.95% FFCB 4.75% Aaa/AA+/AA+ 5/9/2024 2,000,000 1,997,173 100.79 2,015,700 5/8/2026 493 4.86% FFCB 4.88% Aaa/AA+/AA+ 5/16/2024 3,000,000 3,004,276 100.91 3,027,193 5/15/2026 500 4.77% FHLB 4.88% Aaa/AA+/-- 6/6/2024 5,000,000 5,005,176 100.90 5,044,834 6/12/2026 528 4.79% FAMC 4.75% 6/21/2024 20,000,000 20,000,000 100.69 20,137,316 6/18/2026 534 4.75% Treasury 0.63% Aaa/AA+/AA+ 12/18/2024 5,000,000 4,725,711 94.51 4,725,498 7/31/2026 577 4.25% Third Coast Bank 3.75% 10/3/2024 20,125,516 20,125,516 100.00 20,125,516 10/3/2026 641 3.75% FAMC 4.33% 11/20/2024 15,000,000 15,000,000 100.00 15,000,080 11/20/2026 689 4.33% Sub Total/Average 4.08% 491,039,670 489,729,709 99.91 490,603,222 266 4.42% Fund 170-Interest&Sinking GO Bonds TexasDAILY 4.57% AAArn 1 4/30/2016 31,067 31,067 100.00 31,067 N/A 1 4.57% TexPool 4.56% AAArn 9/30/2015 2,843,117 2,843,117 100.00 2,843,117 N/A 1 4.56% Sub Total/Average 4.56% 2,874,184 2,874,184 100.00 2,874,184 1 4.56% Fund 466&467-2024 CO TexPool 4.56% AAArn 5/17/2024 17,106,143 17,106,143 100.00 17,106,143 N/A 1 4.56% Sub Total/Average 4.56% 17,106,143 17,106,143 100.00 17,106,143 1 4.56% Fund 551 -2024 LTN TexPool 4.56% AAArn 1 5/17/2024 8,252,704 8,252,704 100.00 8,252,704 N/A 1 4.56% Sub Total/Average 4.56% 1 8,252,704 8,252,704 100.00 8,252,704 1 4.56% Fund 602-Interest&Sinking Revenue Bonds TexPool 4.56% AAArn 1 9/30/2015 2,818,007 2,818,007 100.00 2,818,007 N/A 1 4.56% Sub Total/Average 4.56% 1 2,818,007 2,818,007 100.00 2,818,007 1 4.56% Fund 604-2022 SIB Loan TexPool 4.56% AAArn 1 9/29/2022 3,004,686 3,004,686 100.00 3,004,686 N/A 1 4.56% American Nat'l Bank&Trust 0.35% 1 9/19/2023 679 679 100.00 679 N/A 1 0.35% American Nat'l Bank&Trust 4.69% 11/21/2022 22,337,623 22,337,623 100.00 22,337,623 N/A 1T 4.69% Sub Total/Average 4.68% 25,342,987 25,342,987 100.00 25,342,987 11 4.68% Fund 605-Kalahari Debt Service Reserve TexPool 4.56% AAArn 8/30/2019 1,720,598 1,720,598 100.00 1,720,598 N/A 11 4.56% Sub Total/Average 4.56% 1,720,598 1,720,598 100.00 1,720,598 11 4.56% Total/Average 1 4.14% 1 1 $ 549,154,294 $ 547,844,333 1 99.92 1 548,717,845 1 1 2381 4.44% 14 City of Round Rock Valley View Consulting,L.L.C. ROUND ROCK Y THE NUMBERS k as FY 2025 Quarter Citywide Property Totals through March 2025=$62.3M $130,000,000 S45,000,000 {120,000,000 $110,000,000 {40,000,000 $100.000,000 ,y:.: f7s,000,000 $eo,000,000 $306000,000 $70.000.000 $25,000A00 $60.000,000 - !, $20.000,000 f50,000,000 $40,000,000 515,000,000 $30,000,000 - $10,000,000 $20.000.000 $10.000.000 $5,000,000 L ¢ Oct Nov Dao Jan Fab Mar Apr May Jun Jul Aug Sp Oct Nov D. Jan Fab Mar Apr May Jun Jul Aug sept ♦.FY 2025 KD Actuals FY 2024 YTD Actuals ■FY25Actuals ■FY24Axtuab Other General • RevenuesVenuePrior to Incentives $4,500,000 $18,000,000 $16,000,000 $4,000,000 $3,500,000 $14 $12.000.000 $3,000,000 $10.000.000 $2,so0.0o0 $0.000,000 $2,000,000 $8.000,000 _:.. $1,500.000 $saaoaaa $1,000.000 $2,000.000 $sOO.000 s $ Oct Nw Dae ]an Fab Mar Apr May Tun Jul Aug Sp Other Tatra Lban S-1- P"'.. Fl—& Gnnb Can—& FnnM1MFans—ha4Faaa Charaaa Pere— Farraku,as Other ■FY 2.5 Other Hote4 FY 25 Kalahari aFV 24 Other Hotels FY 24 Kalahari ■FV 2025 YTD Actuals ■FY 2024 YTD Actuals Comments Sales Tax Citywide sales tax collections through the second quarter increased 0.7%.Dell,net of incentives,with adjustments factored out,increased 20.7%. Note:FY 2024 sales tax includes a$3.8 million amendment from November 2023,which corrects the FY 2023 sales tax. Property Tax Most property tax collections occur November through February each year.Property tax collections are higher than the prior year due to the higher tax rate for FY 2025 and new properties added. Other General Fund Revenues Other Taxes&Franchise fees increased 9.5%due to higher collections for gas franchise fees. License,Permits,and Fees increased 69.7%.This quarter has seen an increase in building permits and subdivision development revenues.Also,contributing to this increase is the fee increase for Fire Inspections that Council adopted in October 2024. Program Revenue increased 4.1%.This is due to higher participation in Parks and Recreations programs,specifically at Clay Madsen. Fines and Forfeitures have increased 20.1%due to the growth in the number of cases filed. Grants have increased 106.3%.The City has received many large reimbursements for Louisiana Wildfires,Hurricane Beryl,and severe weather deployments.Also,the timing of ARPA reimbursements for CRU are contributing to this quarter's increase. Contracts and Other increased 13.2%due to higher interest earnings and insurance proceeds collected from previous hailstorms. Hotel Occupancy&Venue Tax Revenues through second quarter are down 6.3%.Average daily room rates and occupancy rates are starting to see a slight decline. The majority of Kalahari HOT tax revenues(7%)are used to pay debt and incentives per the agreement.Venue tax revenues(2%)from Kalahari are not part of the incentive agreement and stay in the Sports Center Fund. Water,Wastewater,and Stormwater Water,Wastewater,and Stormwater are trending above prior year due to the adopted rate increases effective November 2024. t ROUND ROCK BY THE NUMBERS FY 2025 Annual Facts FY 2024 202S iros i rbu source Amount(in MI•1ons) Use of Fund Balance $ 150.5 Bond Proceeds $ 115.0 if.aw eros Sales Tax $ 110.8 Property Tax $ 91.2 Contracts&Other S 82.3 Utility&Garbage Charges $ 69.4 Other Taxes&Franchise Fees $ 18.9 Hotel Occupancy/Venue Tax $ 18.1 ss,i s-.e Fines,Permits&Fees $ 15.5 Program Revenues $ 10.5 FY 2024 2025 f2.s sa.o $s.a fss 17.1 sa.s Amount Amount fs•.s Department an Millions) Department (in Millions) $20.2 Capital Improvement Projects $ 307.6 Transportation $ 14.5 .. Debt Payments $ 49.4 Sports Management $ 11.1 �•' ss+s Support Services $ 47.6 General Services $ 9.8 $307.5 Police $ 46.3 Fleet Replacement $ 7.8 yo.e Utilities&Environmental Svcs $ 41.8 Planning&Development $ 5.9 s<r.e Funding Transfers Out $ 40.8 Library $ 5.4 Fire S 37.4 Communications $ 3.0 k's ■ General Self Financed Const $ 31.1 Com.&Neighborhood Srv. $ 2.5 s<9 Parks&Recreation $ 20.2 Other CORR Tax Information Taxing Entities Top 10 Property Tax Payers FY 24-25 FY 23-24 Entity Rad Assessed Value Population 136,383 134,540 City of Round Rock $ 0.3600 Business On rrr•Ilom) Property Tax Rate $ 0.36000 S 0.34200 Williamson County&FM/RM 0.3999 Kalahari Resorts $ 547.8 M&C0.2S4602 Debt 0.105398 Round Rock ISD 0.8931 Dell Computer Holdings LP 468.5 Austin Community College 0.1013 CPG RR,LP(hound Rock outlets) 163.7 Outstanding Debt as of 10/01/24 Upper Brushy Creek WCID 0.0170 TX Essential Housing(akeside at tl7 151.1 Amount O/S Total Tax Rate $1.7713 CMF 15 Port,LLC(Colonial Grand Apts) 144.6 Bond (in Millions) Dell Computer Corp 141.8 GO&CO Bonds $ 314.8 Taxable Values Columbia/St Davids Healthcare 119.6 Limited Tax Notes $ 10.9 FY 24-2S FY 23-24 Oncor Electric Delivery Company 92.9 Utility/Stormwater $ 138.2/4.9 Median Home Values $ 376,169 $ 363,396 2811 La Froniera LP(District of V Frontes Apts) 89.6 HOT $ 6.0 Taxable Property Value(in billions) $ 25.3 $ 24.1 TMP Parkside LLC(Parkside®RR) 83.5 Type B $ 64.1 City Employees Bond Ratings(Rated by S&P) swom FTEs Total FTEs GO Bonds AAA City Wide 1,203 Utility Bonds AAA Police 210 297 Fire 175 201