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BCRUA-2026-002 - 1/28/2026
RESOLUTION NO.BCRUA-2026-002 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 December 31, 2025 for the Brushy Creek Regional Utility Authority ("BCRUA") has been submitted to the Board of Directors; and WHEREAS,the Board of Directors desires to acknowledge the receipt and acceptance of the attached BCRUA Quarterly Investment Report,Now Therefore BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE BRUSHY CREEK REGIONAL UTILITY AUTHORITY: That the BCRUA Quarterly Investment Report, attached hereto as Exhibit "A" and incorporated herein, is hereby received and accepted. The Board of Directors hereby finds and declares that writtennotice 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 28th day of January, 26. ANNE DUFFY,Presi t Brushy Creek Regions tility Authority AI LEST: v41 $ NA'COLE THO SON, Secretary 0330.4634-A EXHIBIT A BRUSHY CREEK RUA Quarterly Investment <:„ /- . „ 2....., / //.3. . t . •„,,,, .40 , AS OF DECEMBER 31, 2025 ��/f'/ "/1 iLit ')A07 ' 1\, ' / ,,,,,,,,,o'./14' ��, . i • i r MEEDER , . '\ t; PUBLIC FUNDS OBSERVATIONS AND EXPECTATIONS MEEDER PU•lIC FUNDS • The futures market is pricing in a December 2025 .25% cut with about a 90°/0 probability • Q3 GDP is projected by the Atlanta Federal Reserve to have grown 3.9% • Q4 GDP is expected to be lower due to the longest government shutdown on record The labor market has softened by many economic metrics in the second half of 2025 U.S. Treasury rates were generally lower for the month of November The Fed Funds futures market is Fed Funds Futures Yields expecting the Fed Funds rate to 3.8% end 2026 at about 2.95% and 3.7% 2027 at approximately 3.05%. 3.6% • The Fed is expecting fewer cuts 3.5% • • than the market is pricing in. 3.4°r° 3.3% • The Fed is observing both of their 3"2% • • mandates (employment and 31% ' 3.0% • • • inflation) closely to determine the • • • 2.9% path of Fed Funds. They say the 2.8% risk is more tilted to slower job Dec Jan Mar Apr Jun Jul Sep Oct Dec Jan Mar Feb Jun Jul Sep Oct Dec growth. 25 26 26 26 26 26 26 26 26 27 27 27 27 27 27 27 27 2 SOURCE: BLOOMBERG /CC M�EuE,D E R PUSU.S. Unemployment Rate • The current unemployment rate of 4.4% 16% has moved up from earlier this year but remains low by historical standards. 14°r° • Lower immigration during 2025 has 12°% clouded the conclusions from lower ,o°k nonfarm payrolls. 8% • Economists estimate not as many jobs are needed as compared to the 6°%° previous few years to keep the unemployment rate low. 4°/° M 4\14 2% 0% SOURCE: BLOOMBERG 4 O C) (O 0) N (f) N. O M (0 O• N N. O col (0 0) EO 8 n O (4) 00 N 0) 0) a) 0) O 0) 0) W 0) 0) 0) 0) 0) 0) 0) 0 a) 0) 0) O O O O O O O O 0 N (y N N N N N N N Core PCE YoY 6% Core Personal Consumption Expenditure YoY is the Fed's preferred inflation gauge. 5% 4°/° - Core excludes food and energy components, 2 9,�o which generally make the series less volatile. 3% Core PCE YoY is currently at 2.9% and has 2 To Fed Target of 2% been above the Fed's 2% target for 55 consecutive months. o% O O O O O ' ' '' N N N N C') M C') M d U) LC) If) T N N N N N N N N N N N N N N N N N N N N N N N 4 Cl) G 2 Cl) G 4 Cl) C Cl) O cn SOURCE: BLOOMBERG 3 /CC ML,EEDER PUB U.S. Treasury Yield Curve Change 4.80 --e-11/28/25 -1O/31/25 4.60 • 0 4.40 a) 4.20 U L V 0_ 4.00 • 3.80 • ----.• • • 3.60 • • 3.40 3M 6M 1Y 2Y 3Yr 5Y 7Y 10Y 20Y 30Y Basis Point Change 5 1 le 0 — ma ai 5 (5) mal (6) -10 (9) (8) (9) (9) (9) -15 3M 6M 1Y 2Y 3Yr 5Y 7Y 10Y 20Y 30Y 4 SOURCES: BLOOMBERG BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Compliance Certification The undersigned acknowledge they have reviewed this quarterly investment report for the period ending December 31,2025.Officials designated as investment officers by this entity's Investment Policy attest that all investments comply with the Texas Public Funds Investment Act and this entity's Investment Policy. Sam Roberts,P.E.,General Manager BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Contents Portfolio Statistics 7 Quarterly Portfolio Summary 8 Quarterly Portfolio Summary By Fund 9 Portfolio Overview 10 Summary by Type 11 Position Statement 13 Cash Reconciliation Report 17 Transaction Statement 18 Amortization Schedule 19 Accrued Interest Schedule 20 Earnings by Fund 22 Projected Cashflows 25 Change in Value 26 6 BRUSHY CREEK RUA DECEMBER 31,2025 MEEDERQ PUBLIC FUNDS Portfolio Statistics Portfolio Position 2.43 Par Value $184,807,598 Weighted Average Yield to Maturity Principal Cost $184,501,889 Book Value $184,585,561 0•05 Market Value $184,602,156 Weighted Average Maturity(Years) Unrealized Gain/Loss $16,595 0.05 Accrued Interest $130,414 Portfolio Effective Duration(Years) Maturity Distribution Sector Allocation 0.05 100% 90.6% Weighted Average Life(Years) 8000 60°0 • LGIP 45.64% 40% • Bank Deposits 36.45% AA-i- 20 9.4% • : :::Ru ::: �- • Average Credit Rating 1 Day 0 t Yrs • Commercial Paper 317% 7 BRUSHY CREEK RUA I DECEMBER 31,2025 M E E D E R PUBLIC FUNDS Quarterly Portfolio Summary This quarterly report is prepared in compliance with the Investment Policy and the Strategy of this entity and the Public Funds Investment Act(Chapter 2256,Texas Government Code). Portfolio as of September 30,2025 Portfolio as of December 31,2025 BEGINNING BOOK VALUE $157,310,217.36 ENDING BOOK VALUE $184,585,561.12 BEGINNING MARKET VALUE $157,321,303.81 ENDING MARKET VALUE $184,602,155.81 INVESTMENT INCOME FOR THE PERIOD $1,219,610.61 UNREALIZED GAIN/(LOSS) $11,086.45 UNREALIZED GAIN/ILOSS) $16,594.69 CHANGE IN UNREALIZED GAIN/(LOSS) $5,508.24 WEIGHTED AVERAGE MATURITY 0.06 WEIGHTED AVERAGE MATURITY 0.05 (YEARS) (YEARS) WEIGHTED AVERAGE YIELD 3.32 WEIGHTED AVERAGE YIELD 2.43 8 BRUSHY CREEK RUA 1 DECEMBER 31,2025 MEEDER PUBLIC FUNDS Quarterly Portfolio Summary By Fund PORTFOLIO MARKET VALUE BY FUND 09/30/2025 12/31/2025 CHANGE INTEREST EARNED CONSTRUCTION FUNDS 4,882,737.46 4,773,251.94 -109,485.52 49,071.20 CONSTRUCTION FUNDS 2021-CEDAR 26,525,338.39 24,061,734.64 -2,463,603.75 255,81217 PARK CONSTRUCTION FUNDS 2023 CEDAR 7,631,796.12 7,708,491.76 76,695.64 76,695.64 PARK CONSTRUCTION FUNDS 2023 ROUND 7178,224.36 4,551143.39 -2,627,080.97 58,772.79 ROCK CONSTRUCTION FUNDS 2024 LEAN- 21,798,857.95 22,017,925.34 219,067.39 219,067.39 DER CONSTRUCTION FUNDS 2024-ROUND 19,104,334.18 19,296,322.98 191,988.80 191,988.80 ROCK CONSTRUCTION FUNDS-2022 SWIFT 19,975,702.89 15,909,994.39 -4,065,708.50 179,515.25 ESCROW FUNDS 2021-CEDAR PARK 15,497,212.00 15,652,331.42 155119.42 151,849.99 LEANDER-ESFD24 17,674,989.49 17,674,989.49 0.00 0.00 LEANDER-ESFD25 0.00 36,114,179.00 36,114,179.00 0.00 OPERATING FUNDS 4,364,499.97 4,154,180.46 -210,319.51 36,837.38 ROUND ROCK-ESFD24 12,687,611.00 12,687,611.00 0.00 0.00 TOTAL 157,321,303.81 184,602,155.81 27,280,852.00 1,219,610.61 9 BRUSHY CREEK RUA I DECEMBER 31,2025 M E E D E R _ PUBLIC FUNDS % DAYS TO Po r t fo I i o SECURITY TYPE PAR VALUE MARKET VALUE BOOK VALUE PORTFOLIO MATURITY YIELD Bank Deposits 67,282,357.39 67,282,357.39 67,282,357.39 36.45% 1 0.01 Overview LGIP 84,252,909.18 84,252,909.18 84,252,909.18 45.64% 1 3.82 Money Market Funds 15,652,331.42 15,652,331.42 15,652,331.42 8.48% 1 3.65 Commercial Paper 6,000,000.00 5,856,964.81 5,856,964.81 3.17% 222 4.00 U.S.Treasuries 11,620,000.00 11,557,593.01 11,540,998.32 6.26% 158 3.95 TOTAL 184,807,597.99 184,602,155.81 184,585,56112 100.00% 18 2.43 CASH AND ACCRUED INTEREST Purchased Accrued Interest 626.09 626.09 TOTAL CASH AND INVESTMENTS 184,807,597.99 184,602,781.90 184,586,187.21 18 2A3 TOTAL EARNINGS FISCAL YEAR TO CURRENT QUARTER DATE 1,219,610.61 5,311,105.27 10 BRUSHY CREEK RUA I DECEMBER 31,2025 E D E R PM.BLIC FUNE.S Summary by Type DAYS TO FINAL SECURITY TYPE #OF SECURITIES PAR VALUE BOOK VALUE %OF PORTFOLIO YIELD MATURITY CONSTRUCTION FUNDS LGIP 1 4,773,251.94 4,773,251.94 2.58 3.82 1 TOTAL 1 4,773,251.94 4,773,251.94 259 3.82 1 CONSTRUCTION FUNDS 2021-CEDAR PARK Bank Deposits 1 416.48 416A8 0.00 0.48 1 LGIP 1 6,646,760.34 6,646,760.34 3.60 3.82 1 Commercial Paper 1 6,000,000.00 5,856,964.81 3.17 4.00 222 U.S.Treasuries 2 11,620,000.00 11,540,998.32 6.30 3.95 158 TOTAL 5 24,267,176.82 24,045,139.95 13.03 3.93 130 CONSTRUCTION FUNDS 2023-CEDAR PARK LGIP 1 7,708,491.76 7,708,491.76 4.17 3.82 1 TOTAL 1 7,708,491.76 7,708,491.76 4.18 3.82 1 CONSTRUCTION FUNDS 2023-ROUND ROCK LGIP 1 4,551,143.39 4,551,143.39 2.46 3.82 1 TOTAL 1 4,551,143.39 4,551,143.39 2.47 3.82 1 CONSTRUCTION FUNDS 2024-LEANDER LGIP 1 22,017,925.34 22,017,925.34 11.92 3.82 1 TOTAL 1 22,017,925.34 22,017,925.34 11.93 3.82 1 CONSTRUCTION FUNDS 2024-ROUND ROCK LGIP 1 19,296,322.98 19,296,322.98 10.45 3.82 1 TOTAL 1 19,296,322.98 19,296,322.98 10.45 3.82 1 CONSTRUCTION FUNDS-2022 SWIFT LGIP 1 15,909,994.39 15,909,994.39 8.61 3.82 1 11 BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Summary by Type DAYS TO FINAL SECURITY TYPE SOFSECURITIES PAR VALUE BOOK VALUE % PORTFOLIO YIELD MATURITY TOTAL 1 15,909,994.39 15,909,994.39 8.62 3.82 1 ESCROW FUNDS 2021-CEDAR PARK Money Market Funds 1 15,652,331.42 15,652,331.42 8.48 3.65 1 TOTAL 1 15,652,331.42 15,652,331.42 8.48 3.65 1 LEANDER-ESFD24 Bank Deposits 1 17,674,989.49 17,674,989.49 9.57 0.00 1 TOTAL 1 17,674,989.49 17,674,989.49 9.57 0.00 1 LEANDER-ESFD25 Bank Deposits 1 36,114,179.00 36,114,179.00 19.55 0.00 1 TOTAL 1 36,114,179.00 36,114,179.00 19.56 0.00 1 OPERATING FUNDS Bank Deposits 1 805,161.42 805,161.42 0.44 0.48 1 LGIP 1 3,349,019.04 3,349,019.04 1.81 3.82 1 TOTAL 2 4,154,180.46 4,154180.46 2.25 3.17 1 ROUND ROCK-ESFD24 Bank Deposits 1 12,687,611.00 12,687,611.00 6.87 0.00 1 TOTAL 1 12,687,611.00 12,687,611.00 6.87 0.00 1 GRAND TOTAL 17 184,807,597.99 184,585,561.12 100.00 2.43 18 12 BRUSHY CREEK RUA I DECEMBER 31,2025 / Q. MEEDER PUBLIC FUNDS Position Statement PRINCIPAL COST UNREALIZED MOODY'S TRADE DATE PURCHASED YIELD TO MATURITY DAYS TO MARKET PRICE GAIN/LOSS BOOK %OF S&P CUSIP DESCRIPTION SETTLE DATE PAR VALUE INTEREST TOTAL COST MATURITY DATE MATURITY MARKET VALUE VALUE MV RATING CONSTRUCTION FUNDS LGIP TEXSTAR-MC TexStar Master Con- 12/31/2025 4,773,251.94 4,773,251.94 4,773,251.94 3.82 1 1.00 0.00 2.59 struction 12/31/2025 0.00 4,773,251.94 4,773,251.94 NA LGIP TOTAL 4,773,251.94 4,773,251.94 4,773,251.94 3.82 1 1.00 0.00 2.59 NA 0.00 4,773,251.94 4,773,251.94 CONSTRUCTION 0.00 4,773,251.94 4,773,251.94 4,773,251.94 3.82 1 2.59 NA FUNDS TOTAL 0.00 4,773,251.94 4,773,251.94 CONSTRUCTION FUNDS 2021-CEDAR PARK BANK DEPOSITS Wells Fargo Analyzed 12/31/2025 416.48 1.00 0.00 NA 1550578940CP Business Checking Plus 12/31/2025 416.48 0.00 416.48 048 1 416.48 416.48 0.00 NA PF-C BANK DEPOSITS 416.48 416.48 416.48 0.48 1 1.00 0.00 0.00 NA TOTAL 0.00 416.48 416.48 LGIP TEXSTAR-CP TexStar Cedar Park 12/31/2025 6,646,760.34 6,646,760.34 6,646,760.34 3.82 1 1.00 0.00 3.60 12/31/2025 0.00 6,646,760.34 6,646,760.34 NA LGIP TOTAL 6,646,760.34 6,646,760.34 6,646,760.34 3.82 1 1.00 0.00 3.60 NA 0.00 6,646,760.34 6,646,760.34 COMMERCIAL PAPER 62479MHA4 MUFG BANK NY 11/13/2025 6,000,000.00 5,827,840.00 5,827,840.00 4.00 08/10/2026 222 97.62 0.00 317 P-1 08/10/26 11/17/2025 0.00 5,856,964.81 5,856,964.81 A-1 COMMERCIAL PA- 6,000,000.00 5,827,840.00 5,827,840.00 4.00 222 97.62 0.00 3.17 A-1 PER TOTAL0.00 5,856,964.81 5,856,964.81 U.S.TREASURIES US TREASURY 3.750 04/16/2025 6,487,050.78 100.04 6,502.95 Aa1 91282CGV7 04/15/26 04/17/2025 6,500,000.00 0.00 6,487,050.78 3.96 04/15/2026 105 6,502,792.99 6,496,290.03 3.52 AA+ 9128282A7 US TREASURY 1.500 08/15/2025 5,120,000.00 4,999,400.00 5,000.026.09 3.94 08/15/2026 227 98.73 10,091.74 274 Aa1 08/15/26 08/18/2025626.09 5,054,800.03 5,044,708.29 AA+ U.S.TREASURIES 11,620,000.00 11,486,450.78 11,487,076.87 3.95 158 99.47 16,594.69 6.26 AA+ TOTAL626.09 11,557,593.01 11,540,998.32 CONSTRUCTION 23,961,467.60 16,594.69 FUNDS 2021-CEDAR 24,267,176.82 AA- 626.09 23,962,093.69 3.93 130 24,061,734.64 24,045,139.95 13.03 PARK TOTAL 13 BRUSHY CREEK RUA I DECEMBER 31,2025 / Q. MEEDER PUBLIC FUNDS Position Statement PRINCIPAL COST UNREALIZED MOODY'S TRADE DATE PURCHASED YIELD TO MATURITY DAYS TO MARKET PRICE GAIN/LOSS BOOK %OF S&P CUSIP DESCRIPTION SETTLE DATE PAR VALUE INTEREST TOTAL COST MATURITY DATE MATURITY MARKET VALUE VALUE MV RATING CONSTRUCTION FUNDS 2023- CEDAR PARK LGIP TEXSTAR-CP TexStarCedarPark 12/31/2025 7,708,491.76 7,708,491.76 7,708,491.76 3.82 1 1.00 0.00 418 12/31/2025 0.00 7,708,491.76 7,708,491.76 NA LGIP TOTAL 7,708,491.76 7,708,491.76 7,708,491.76 3.82 1 1'� 0'� 4.18 NA 0.00 7,708,491.76 7,708,491.76 CONSTRUCTION 7,708,491.76 0.00 FUNDS 2023-CEDAR 7,708,491.76 7,708,491.76 3.82 1 4.18 NA PARK TOTAL 0.00 7,708,491.76 7,708,491.76 CONSTRUCTION FUNDS 2023- ROUND ROCK LGIP TEXSTAR-RR TexStar Round Rock 12/31/2025 4,551,143.39 4,551143.39 4,551,143.39 3.82 1 1.00 0.00 2.47 12/31/2025 0.00 4,551,143.39 4,551,143.39 NA LGIP TOTAL 4,551,143.39 4,551,143.39 4,551,143.39 3.82 1 1'� 0'� 2.47 NA 0.00 4,551,143.39 4,551,143.39 CONSTRUCTION 4,551,143.39 0.00 FUNDS 2023-ROUND 4,551,143.39 0.00 4,551,143.39 3.82 1 4,551,143.39 4,551,143.39 2.47 NA ROCK TOTAL CONSTRUCTION FUNDS 2024- LEANDER LGIP TEXSTAR-LD TexStar Leander 12/31/2025 22017,925.34 22,017,925.34 22,017,925.34 3.82 1 1.00 0.00 11.93 12/31/2025 0.00 22,017,925.34 22,017,925.34NA LGIP TOTAL 22,017,925.34 22,017,925.34 22,017,925.34 3.82 1 1'� 0'� 11.93 NA 0.00 22,017,925.34 22,017,925.34 CONSTRUCTION FUNDS 2024- 22,017,925.34 22,017,925.34 22,017,925.34 3.82 1 0.00 11.93 NA LEANDER TOTAL 0.00 22,017,925.34 22,017,925.34 CONSTRUCTION FUNDS 2024- ROUND ROCK LGIP 14 BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER/ Q. PUBLIC FUNDS Position Statement PRINCIPAL COST UNREALIZED MOODY'S TRADE DATE PURCHASED YIELD TO MATURITY DAYS TO MARKET PRICE GAIN/LOSS BOOK %OF S&P CUSIP DESCRIPTION SETTLE DATE PAR VALUE INTEREST TOTAL COST MATURITY DATE MATURITY MARKET VALUE VALUE MV RATING TEXSTAR-RR TexStar Round Rock 12/31/2025 19,296,322.98 19,296,322.98 19 296,322.98 3.82 1 1.00 0.00 10.45 12/31/20250.00 19,296,322.98 19,296,322.98 NA LGIP TOTAL 19,296,322.98 19,296,322.9819,296,322.98 3.82 1 1'� 0'� 10.45 NA 0.00 19,296,322.98 19,296,322.98 CONSTRUCTION 19,296,322.98 0.00 FUNDS 2024-ROUND 19,296,322.9810.45 NA 0.00 19,296,322.98 3.82 1 19,296,322.98 19,296,322.98 ROCK TOTAL CONSTRUCTION FUNDS-2022 SWIFT LGIP TEXSTAR-LD TexStar Leander 12/31/2025 15,909,994.39 15,909,994.39 15,909,994.39 3.82 1 1.00 0.00 8 62 12/31/2025 0.00 15,909,994.39 15,909,994.39 NA LGIP TOTAL 15,909,994.39 15,909,994.39 15,909,994.39 3.82 1 1'� 0.00 8.62 NA 0.00 15,909,994.39 15,909,994.39 CONSTRUCTION 15,909,994.39 0.00 FUNDS-2022 SWIFT 15,909,994.39 0.00 15,909,994.39 3.82 1 15,909,994.39 15,909,994.39 8.62 NA TOTAL ESCROW FUNDS 2021-CEDAR PARK MONEY MARKET FUNDS DREYFUSGVT 12/31/2025 15,652,331.42 1.00 0.00 Aaa X9USDDGCM CM;INST 12/31/2025 15,652,331.42 0.00 15,652,331.42 3.65 1 15,652,331.42 15,652,331.42 8.48 AAA MONEY MARKET 15,652,331.42 15,652,331.42 15,652,331.42 3.65 1 1.00 0.00 8.48 AAA FUNDS TOTAL 0.00 15,652,331.42 15,652,331.42 ESCROW FUNDS 15,652,331.42 0.00 2021-CEDAR PARK 15,652,331.42 0.00 15,652,331.42 3.65 1 15,652,331.42 15,652,331.42 8.48 AAA TOTAL LEANDER-ESFD24 BANK DEPOSITS 12/31/2025 17,674,989.49 1.00 0.00 Aaa CCYUSD US DOLLAR 12/31/2025 17,674,989.49 0.00 17,674,989.49 0.00 1 17,674,989.49 17,674,989.49 9.57 AM BANK DEPOSITS 17,674,989.49 17,674,989.49 17,674,989.49 0.00 1 1.00 0.00 9.57 AAA TOTAL 0.00 17,674,989.49 17,674,989.49 LEANDER-ESFD24 17,674,989.49 17,674,989.49 17,674,989.49 0.00 1 0.00 9.57 AAA TOTAL 0.00 17,674,989.49 17,674,989.49 15 BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Position Statement PRINCIPAL COST UNREALIZED MOODY'S TRADE DATE PURCHASED YIELD TO MATURITY DAYS TO MARKET PRICE GAIN/LOSS BOOK %OF S&P CUSIP DESCRIPTION SETTLE DATE PAR VALUE INTEREST TOTAL COST MATURITY DATE MATURITY MARKET VALUE VALUE MV RATING LEANDER-ESFD25 BANK DEPOSITS 12/31/2025 36,114,179.00 1.00 0.00 Aaa CCYUSD US DOLLAR 12/31/2025 36,114,179.00 0.00 36,114,179.00 0.00 1 36,114,179.00 36,114,179.00 19.56 AAA BANK DEPOSITS 36,114,179.00 36,114,179.00 36,114,179.00 0.00 1 1.00 0.00 19.56 AAA TOTAL0.00 36,114179.00 36,114179.00 LEANDER-ESFD25 36,114,179.00 0.00 TOTAL 36,114,179.00 0.00 36,114,179.00 0.00 1 36,114,179.00 36,114,179.00 19.56 AAA OPERATING FUNDS BANK DEPOSITS Wells Fargo Analyzed 12/31/2025 805,161.42 1.00 0.00 NA 2550665125 Business Checking 12/31/2025 805,161.42 0.00 805,161.42 0.48 1 805,161.42 805,161.42 0'� NA Plus PF BANK DEPOSITS 805,161.42 1.00 0.00 TOTAL 805161.42 0.00 805,161.42 0.48 1 805161.42 805,161.42 0.44 NA LGIP TEXSTAR-MO TexStar Master Op- 12/31/2025 3,349,019.04 3,349,019.04 3,349,019.04 3.82 1 1.00 0.00 erating 12/31/2025 0.00 3,349,019.04 3,349,019.041.81NA LGIPTOTAL 3,349,019.04 3,349,019.04 3,349,019.04 3.82 1 1.00 0.00 1.81 NA 0.00 3,349,019.04 3,349,019.04 OPERATING FUNDS 4,154,180.46 0.00 TOTAL 4,154,180.46 0.00 4,154,180.46 3.17 1 4,154,180.46 4,154,180.46 2.25 NA ROUND ROCK- ESFD24 BANK DEPOSITS CCYUSD US DOLLAR 12/31/2025 12687,611.00 12,687,611.00 12,687,611.00 0.00 1 1.00 0.00 687 Aaa 12/31/2025 0.00 12,687,611.00 12,687,611.00 AAA BANK DEPOSITS 12,687,611.00 12,687,611.00 12,687,611.00 0.00 1 1.00 0.00 6.87 AAA TOTAL 0.00 12,687,611.00 12,687,611.00 ROUND ROCK- 12,687,611.00 ESFD24 TOTAL 12,687,611.00 12,687,611.00 0.00 1 0.00 6.87 AAA 0.00 12,687,611.00 12,687,611.00 GRAND TOTAL 184,807,597.99 184,501,888.77 184,502,514.86 2.43 18 16,594.69 100.00 AA+ 626.09 184,602,155.81 184,585,561.12 16 BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Cash Reconciliation Report CONSTRUCTION FUNDS 2021- CEDAR PARK POST DATE IDENTIFIER DESCRIPTION PAR VALUE FINAL MATURITY PRINCIPAL AMOUNT BUY 11/17/2025 62479MHA4 MUFG BANK NY 08/10/26 6,000,000.00 08/10/2026 5,827,840.00 -5,827,840.00 BUY TOTAL 6,000,000.00 5,827,840.00 -5,827,840.00 POST DATE IDENTIFIER DESCRIPTION PAR VALUE FINAL MATURITY PRINCIPAL AMOUNT COUPON 10/15/2025 91282CGV7 US TREASURY 3.750 04/15/26 0.00 04/15/2026 0.00 121,875.00 COUPON TOTAL 0.00 0.00 121,875.00 POST DATE IDENTIFIER DESCRIPTION PAR VALUE FINAL MATURITY PRINCIPAL AMOUNT MATURITY 11/14/2025 85520LYE9 Starbird Funding Corporation 0.011/14/2025 -6,000,000.00 11/14/2025 -6,000,000.00 6,000,000.00 11/17/2025 06741FYH4 Barclays Bank PLC(New York Branch)0.011/17/2025 -6,500,000.00 11/17/2025 -6,500,000.00 6,500,000.00 MATURITY TOTAL -12,500,000.00 -12,500,000.00 12,500,000.00 17 BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Transaction Statement CONSTRUCTION FUNDS 2021-CEDAR PARK PURCHASED PURCHASE TRADE DATE SETTLE DATE CUSIP DESCRIPTION PAR VALUE PRINCIPAL COST INTEREST TOTAL YIELD BUY 11/13/2025 11/17/2025 62479MHA4 MUFG BANK NY 08/10/26 6,000,000.00 5,827,840.00 0.00 (5,827,840.00) 4.00 BUY TOTAL 6,000,000.00 5,827,840.00 0.00 (5,827,840.00) 4.00 NET REALIZE D TRADE DATE SETTLE DATE CUSIP DESCRIPTION PAR VALUE BOOK VALUE TOTAL GAIN/LOSS MATURITY 11/14/2025 11/14/2025 85520LYE9 Starbird Funding Corporation 0.011/14/2025 (6,000,000.00) 6,000,000.00 6,000,000.00 0.00 11/17/2025 11/17/2025 06741FYH4 Barclays Bank PLC(New York Branch)0.011/17/2025 (6,500,000.00) 6,500,000.00 6,500,000.00 0.00 MATURITY TOTAL (12,500,000.00) 12,500,000.00 12,500,000.00 0.00 18 BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Amortization Schedule ORIGINAL PREMIUM OR BEGINNING CURRENT ENDING BOOK TOTAL UNAMORTIZED CUSIP DESCRIPTION PAR VALUE PRINCIPAL COST DISCOUNT BOOK VALUE PERIODAMORT VALUE AMORTIZATION BALANCE 06741FYH4 Barclays Bank PLC(New York Branch)0.0 6,500,000.00 6,356,859.17 (143,140.83) 6,462,830.83 37,169.17 0.00 143,140.83 0.00 11/17/2025 62479MHA4 MUFG BANK NY 08/10/26 6,000,000.00 5,827,840.00 (172,160.00) 0.00 29,124.81 5,856,964.81 29,124.81 (143,035.19) 85520LYE9 Starbird Funding Corporation 0.011/14/2025 6,000,000.00 5,870,653.33 (129,346.67) 5,968,026.67 31,973.33 0.00 129,346.67 0.00 9128282A7 US TREASURY 1.500 08/15/26 5,120,000.00 4,999,400.00 (120,600.00) 5,014,058.56 30,649.72 5,044,708.29 45,308.29 (75,291.71) 91282CGV7 US TREASURY 3.750 04/15/26 6,500,000.00 6,487,050.78 (12,949.22) 6,493,008.13 3,281.90 6,496,290.03 9,239.25 (3,709.97) TOTAL 30,120,000.00 29,541,803.28 (578,196.72) 23,937,924.20 132,198.93 17,397,963.13 356159.85 (222,036.87) GRAND TOTAL 30,120,000.00 29,541,803.28 (578,196.72) 23,937,924.20 132,198.93 17,397,963.13 356,159.85 (222,036.87) 19 BRUSHY CREEK RUAIDECEMBER31,2025 MEEDER PUBLIC FUNDS Accrued Interest Schedule BEGINNING CURRENT ENDING PRINCIPAL ACCRUED PURCHASED PERIOD INTEREST ACCRUED IDENTIFIER DESCRIPTION SETTLE DATE PAR VALUE COST INTEREST INTEREST ACCRUAL RECEIVED INTEREST CONSTRUCTION FUNDS TEXSTAR-MC TexStar Master Construction 2025-12-31 4,773,251.94 4,773,251.94 0.00 0.00 49,071.20 49,071.20 0.00 TOTAL 4,773,251.94 4,773,251.94 0.00 0.00 49,071.20 49,071.20 0.00 CONSTRUCTION FUNDS 2021-CEDAR PARK 62479MHA4 MUFG BANK NY 08/10/26 2025-11-17 6,000,000.00 5,827,840.00 0.00 0.00 0.00 0.00 0.00 TEXSTAR-CP TexStar Cedar Park 2025-12-31 6,646,760.34 6,646,760.34 0.00 0.00 42,267.90 42,267.90 0.00 9128282A7 US TREASURY 1.500 08/15/26 2025-08-18 5,120,000.00 4,999,400.00 9,808.70 0.00 19,200.00 0.00 29,008.70 91282CGV7 US TREASURY 3.750 04/15/26 2025-04-17 6,500,000.00 6,487,050.78 112,551.23 0.00 61,555.91 121,875.00 52,232.14 1550578940CP Wets Fargo Analyzed Business Checking 2025-12-31 416.48 416.48 0.00 0.00 589.42 589.42 0.00 Plus PF-C TOTAL 24,267,176.82 23,961,467.60 122,359.93 0.00 123,613.23 164,73232 81,240.84 CONSTRUCTION FUNDS 2023-CEDAR PARK TEXSTAR-CP TexStar Cedar Park 2025-12-31 7,708,491.76 7,708,491.76 0.00 0.00 76,695.64 76,695.64 0.00 TOTAL 7,708,491.76 7,708,491.76 0.00 0.00 76,695.64 76,695.64 0.00 CONSTRUCTION FUNDS 2023-ROUND ROCK TEXSTAR-RR TexStar Round Rock 2025-12-31 4,551,143.39 4,551,143.39 0.00 0.00 58,772.79 58,772.79 0.00 TOTAL 4,551,143.39 4,551 143.39 0.00 0.00 58,77279 58,772.79 0.00 CONSTRUCTION FUNDS 2024-LEANDER TEXSTAR-LD TexStar Leander 2025-12-31 22,017,925.34 22,017,925.34 0.00 0.00 219,067.39 219,067.39 0.00 TOTAL 22,017,925.34 22,017,925.34 0.00 0.00 219,067.39 219,067.39 0.00 CONSTRUCTION FUNDS 2024-ROUND ROCK TEXSTAR-RR TexStar Round Rock 2025-12-31 19,296,322.98 19,296,322.98 0.00 0.00 191,988.80 191,988.80 0.00 TOTAL 19,296,322.98 19,296,322.98 0.00 0.00 191,988.80 191,988.80 0.00 20 BRUSHY CREEK RUA I DECEMBER 31,2025 / Q, MEEDER PUBLIC FUNDS Accrued Interest Schedule BEGINNING CURRENT ENDING PRINCIPAL ACCRUED PURCHASED PERIOD INTEREST ACCRUED IDENTIFIER DESCRIPTION SETTLE DATE PAR VALUE COST INTEREST INTEREST ACCRUAL RECEIVED INTEREST CONSTRUCTION FUNDS-2022 SWIFT TEXSTAR-LD TexStar Leander 2025-12-31 15,909,994.39 15,909,994.39 0.00 0.00 179,515.25 179,515.25 0.00 TOTAL 15,909,994.39 15,909,994.39 0.00 0.00 179,515.25 179,515.25 0.00 ESCROW FUNDS 2021- CEDAR PARK X9USDDGCM DREYFUS GVT CM;INST 2025-12-31 15,652,331.42 15,652,331.42 52,442.63 0.00 151,849.99 155,119A2 49,173.20 TOTAL 15,652,331.42 15,652,331.42 52,442.63 0.00 151,849.99 155,119.42 49,173.20 LEANDER-ESFD24 CCYUSD US DOLLAR 2025-12-31 17,674,989.49 17,674,989.49 0.00 0.00 0.00 0.00 0.00 TOTAL 17,674,989.49 17,674,989.49 0.00 0.00 0.00 0.00 0.00 LEANDER-ESFD25 CCYUSD US DOLLAR 2025-12-31 36,114,179.00 36,114,179.00 0.00 0.00 0.00 0.00 0.00 TOTAL 36,114,179.00 36,114,179.00 0.00 0.00 0.00 0.00 0.00 OPERATING FUNDS TEXSTAR-MO TexStar Master Operating 2025-12-31 3,349,019.04 3,349,019.04 0.00 0.00 35,665.85 35,665.85 0.00 2550665125 Wells Fargo Analyzed Business Checking 2025-12-31 805,161.42 805,161.42 0.00 0.00 1,171.53 1,171.53 0.00 Plus PF TOTAL 4,154,180.46 4,154,180.46 0.00 0.00 36,837.38 36,837.38 0.00 ROUND ROCK-ESFD24 CCYUSD US DOLLAR 2025-12-31 12,687,611.00 12,687,611.00 0.00 0.00 0.00 0.00 0.00 TOTAL 12,687,611.00 12,687,611.00 0.00 0.00 0.00 0.00 0.00 GRAND TOTAL 184,807,597.99 184,501,888.77 174,80256 0.00 1,087,411.67 1,131,800.19 130,414.04 21 BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Earnings by Fund NET AMORTIZATION/ ADJUSTED ENDING PAR BEGINNING ENDING BOOK FINAL COUPON INTEREST ACCRETION NET REALIZED INTEREST CUSIP DESCRIPTION VALUE BOOK VALUE VALUE MATURITY RATE YIELD EARNED INCOME GAIN/LOSS EARNINGS CONSTRUCTION FUNDS TEXSTAR-MC TexStar Master Construction 4,773,251.94 4,882,737.46 4,773,251.94 12/31/2025 0.00 3.82 49,071.20 0.00 0.00 49,071.20 TOTAL 4,773,251.94 4,882,737.46 4,773,251.94 0.00 3.82 49,071.20 0.00 0.00 49,071.20 CONSTRUCTION FUNDS 2021-CEDAR PARK 06741FYH4 Barclays Bank PLC(New York 0.00 6,462,830.83 0.00 11/17/2025 0.00 4.48 0.00 37,169.17 0.00 37,169.17 Branch)0.011/17/2025 1550578940CP Wells Fargo Analyzed Business 416.48 288,738.62 416.48 12/31/2025 0.00 0.48 589.42 0.00 0.00 589.42 Checking Plus PF-C 62479MHA4 MUFG BANK NY 08/10/26 6,000,000.00 0.00 5,856,964.81 08/10/2026 0.00 4.00 0.00 29,124.81 0.00 29,124.81 85520LYE9 Starbird Funding Corporation 0.0 0.00 5,968,026.67 0.00 11/14/2025 0.00 4.46 0.00 31,973.33 0.00 31,973.33 11/14/2025 9128282A7 US TREASURY 1.500 08/15/26 5,120,000.00 5,014,058.56 5,044,708.29 08/15/2026 1.50 3.94 19,200.00 30,649.72 0.00 49,849.72 91282CGV7 US TREASURY 3.750 04/15/26 6,500,000.00 6,493,008.13 6,496,290.03 04/15/2026 3.75 3.96 61,555.91 3,281.90 0.00 64,837.81 TEXSTAR-CP TexStar Cedar Park 6,646,760.34 2,287,589.12 6,646,760.34 12/31/2025 0.00 3.82 42,267.90 0.00 0.00 42,267.90 TOTAL 24,267,176.82 26,514,251.94 24,045,139.95 1.33 3.93 123,613.23 132,198.93 0.00 255,81217 CONSTRUCTION FUNDS 2023-CEDAR PARK TEXSTAR-CP TexStar Cedar Park 7,708,491.76 7,631,796.12 7,708,491.76 12/31/2025 0.00 3.82 76,695.64 0.00 0.00 76,695.64 TOTAL 7,708,491.76 7,631,796.12 7,708,491.76 0.00 3.82 76,695.64 0.00 0.00 76,695.64 CONSTRUCTION FUNDS 2023-ROUND ROCK TEXSTAR-RR TexStar Round Rock 4,551,143.39 7,178,224.36 4,551,143.39 12/31/2025 0.00 3.82 58,772.79 0.00 0.00 58,772.79 TOTAL 4,551,143.39 7,178,224.36 4,551,143.39 0.00 3.82 58,772.79 0.00 0.00 58,772.79 CONSTRUCTION FUNDS 2024-LEANDER TEXSTAR-LD TexStar Leander 22,017,925.34 21,798,857.95 22,017,925.34 12/31/2025 0.00 3.82 219,067.39 0.00 0.00 219,067.39 TOTAL 22,017,925.34 21,798,857.95 22,017,925.34 0.00 3.82 Z19,067.39 0.00 0.00 219,067.39 22 BRUSHY CREEK RUA I DECEMBER 31,2025 / Q. MEEDER PUBLIC FUNDS Earnings by Fund NET AMORTIZATION/ ADJUSTED ENDING PAR BEGINNING ENDING BOOK FINAL COUPON INTEREST ACCRETION NET REALIZED INTEREST CUSIP DESCRIPTION VALUE BOOK VALUE VALUE MATURITY RATE YIELD EARNED INCOME GAIN/LOSS EARNINGS CONSTRUCTION FUNDS 2024-ROUND ROCK TEXSTAR-RR TexStar Round Rock 19,296,322.98 19,104,334.18 19,296,322.98 12/31/2025 0.00 3.82 191,988.80 0.00 0.00 191,988.80 TOTAL 19,296,322.98 19,104,334.18 19,296,322.98 0.00 3.82 191,988.80 0.00 0.00 191,988.80 CONSTRUCTION FUNDS-2022 SWIFT TEXSTAR-LD TexStar Leander 15,909,994.39 19,975,702.89 15,909,994.39 12/31/2025 0.00 3.82 179,515.25 0.00 0.00 179,515.25 TOTAL 15,909,994.39 19,975,702.89 15,909,994.39 0.00 3.82 179,515.25 0.00 0.00 179,515.25 ESCROW FUNDS 2021- CEDAR PARK X9USDDGCM DREYFUSGVTCM;INST 15,652,331.42 15,497,212.00 15,652,331.42 12/31/2025 3.64 3.65 151,849.99 0.00 0.00 151,849.99 TOTAL 15,652,331.42 15,497,212.00 15,652,331.42 3.64 3.65 151,849.99 0.00 0.00 151,849.99 LEANDER-ESFD24 CCYUSD US DOLLAR 17,674,989.49 17,674,989.49 17,674,989.49 12/31/2025 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL 17,674,989.49 17,674,989.49 17,674,989.49 0.00 0.00 0.00 0.00 0.00 0.00 LEANDER-ESFD25 CCYUSD US DOLLAR 36,114,179.00 0.00 36,114,179.00 12/31/2025 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL 36,114,179.00 0.00 36,114,179.00 0.00 0.00 0.00 0.00 0.00 0.00 OPERATING FUNDS 2550665125 Wells Fargo Analyzed Business 805,161.42 831,122.53 805,161.42 12/31/2025 0.00 0.48 1,171.53 0.00 0.00 1,171.53 Checking Plus PF TEXSTAR-MO TexStar Master Operating 3,349,019.04 3,533,377.44 3,349,019.04 12/31/2025 0.00 3.82 35,665.85 0.00 0.00 35,665.85 TOTAL 4,154,180.46 4,364,499.97 4,154,180.46 0.00 3.17 36,837.38 0.00 0.00 36,837.38 ROUND ROCK-ESFD24 CCYUSD US DOLLAR 12,687,611.00 12,687,611.00 12,687,611.00 12/31/2025 0.00 0.00 0.00 0.00 0.00 0.00 23 BRUSHY CREEK RUA I DECEMBER 31,2025 /k. MEEDER PUBLIC FUNDS Earnings by Fund NET AMORTIZATION/ ADJUSTED ENDING PAR BEGINNING ENDING BOOK FINAL COUPON INTEREST ACCRETION NET REALIZED INTEREST CUSIP DESCRIPTION VALUE BOOK VALUE VALUE MATURITY RATE YIELD EARNED INCOME GAIN/LOSS EARNINGS TOTAL 12,687,611.00 12,687,611.00 12,687,611.00 0.00 0.00 0.00 0.00 0.00 0.00 GRAND TOTAL 184,807,597.99 157,310,217.36 184,585,561.12 0.48 2.43 1,087,411.67 132,198.93 0.00 1,219,610.61 24 BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Projected Cashflows For the Period January 01,2026 to June 30,2026 TRANSACTION CUSIP DESCRIPTION POSTDATE TYPE AMOUNT CONSTRUCTION FUNDS 2021-CEDAR PARK FEB 2026 9128282A7 US TREASURY 1.500 08/15/26 02/17/2026 Coupon 38,400.00 FEB 2026 TOTAL 38,400.00 APR 2026 91282CGV7 US TREASURY 3.750 04/15/26 04/15/2026 Coupon 121,875.00 91282CGV7 US TREASURY 3.750 04/15/26 04/15/2026 Final Maturity 6,500,000.00 APR 2026 TOTAL 6,621,875.00 AUG 2026 62479MHA4 MUFG BANK NY 08/10/26 08/10/2026 Final Maturity 6,000,000.00 9128282A7 US TREASURY 1.500 08/15/26 08/17/2026 Final Maturity 5,120,000.00 9128282A7 US TREASURY 1.500 08/15/26 08/17/2026 Coupon 38,400.00 AUG 2026 TOTAL 11158,400.00 CONSTRUCTION FUNDS2021-CEDAR 17,818,675.00 PARK TOTAL GRAND TOTAL 17,818,675.00 25 BRUSHY CREEK RUA I DECEMBER 31,2025 / t MEEDER PUBLIC FUNDS Change in Value BEGINNING BOOK CHANGE IN ENDING BOOK VALUE BOOK VALUE VALUE ISSUER TRADE DATE INTEREST ACCRUAL BEGINNING MARKET PURCHASES/ CHANGE IN ENDING MARKET IDENTIFIER PAR VALUE YIELD MATURITY DATE INTEREST RECEIVED VALUE ADDITIONS REDEMPTIONS MARKET VALUE VALUE CONSTRUCTION FUNDS TEXSTAR-MC TexStar Master Construction 49,071.20 4,882,737.46 (109,485.52) 4,773,251.94 4,773,251.94 3.82 12/31/2025 49,071.20 4,882,737.46 163,337.84 (272,823.36) (109,485.52) 4,773,251.94 TOTAL 3 82 49,071.20 4,882,737.46 163,337.84 (272 823.36) (109,485.52) 4,773,251.94 49,071.20 4,882,737.46 (109,485.52) 4,773,251.94 CONSTRUCTION FUNDS 2021-CEDAR PARK Starbird Funding Corporation 0.0 05/16/2025 0.00 5,968,026.67 (5,968,026.67) 0.00 85520LYE9 11/14/2025 4.46 00 (6000000 11/14/2025 0.00 5,968,026.67 0. , , .00) (5,968,026.67) 0.00 0.00 Barclays Bank PLC(New York 05/16/2025 0.00 6,462,830.83 (6,462,830.83) 0.00 06741FYH4 Branch)0.011/17/2025 4.48 00 (6500000 11/17/2025 0.00 6,462,830.83 0. , , .00) (6,462,830.83) 0.00 0.00 Wells Fargo Analyzed Business 589.42 288,738.62 (288,322.14) 416.48 1550578940CP Checking Plus PF-C 0.48 12/31/2025 589.42 288,738.62 122,048.11 (410,370.25) (P88322.14) 416.48 416.48 TexStar Cedar Park 42,267.90 2,287,589.12 4,359,171.22 6,646,760.34 TEXSTAR-CP 6,646,760.34 3.82 12/31/2025 42,267.90 2,287,589.12 7,095,588.33 (2,736,417.11) 4,359,171.22 6,646,760.34 US TREASURY 3.75004/15/26 04/16/2025 61,555.91 6,493,008.13 3,281.90 6,496,290.03 91282CGV7 6,500,000.00 3'96 04/15/2026 121,875.00 6,496,953.13 0.00 0.00 5,839.86 6,502,792.99 MUFG BANK NY 08/10/26 11/13/2025 0.00 0.00 5,856,964.81 5,856,964.81 62479MHA4 6,000,000.00 4.00 08/10/2026 0.00 0.00 5,827,840.00 0.00 5,856,964.81 5,856,964.81 9128282A7 US TREASURY 1.500 08/15/26 3 08/15/2025 19,200.00 5,014,058.56 30,649.72 5,044,708.29 5,120,000.00 08/15/2026 0.00 5,021,200.03 0.00 0.00 33,600.00 5,054.800.03 TOTAL 3 123,613.23 26,514,251.94 13,045,476.44 (15,646,787.36) (2,469,111.99) 24,045,139.95 164,732.32 26,525,338.39 (2,463,603.75) 24,061,734.64 CONSTRUCTION FUNDS 2023-CEDAR PARK TexStar Cedar Park 76,695.64 7,631,796.12 76,695.64 7,708,491.76 TEXSTAR-CP 7,708,491.76 3.82 12/31/2025 76,695.64 7,631,796.12 76,695.64 0.00 76,695.64 7,708,491.76 76,695.64 7,631,796.12 76,695.64 7,708,491.76 TOTAL 3.82 76,695.64 7,631,796.12 76,695.64 0.00 76,695.64 7,708,491.76 CONSTRUCTION FUNDS 2023-ROUND ROCK 26 BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Change in Value BEGINNING BOOK CHANGE IN ENDING BOOK VALUE BOOK VALUE VALUE ISSUER TRADE DATE INTEREST ACCRUAL BEGINNING MARKET PURCHASES/ CHANGE IN ENDING MARKET IDENTIFIER PAR VALUE YIELD MATURITY DATE INTEREST RECEIVED VALUE ADDITIONS REDEMPTIONS MARKET VALUE VALUE TexStar Round Rock 58,772.79 7178,224.36 (2,627,080.97) 4,551,143.39 TEXSTAR-RR 4,551,143.39 3.82 12/31/2025 58,772.79 7,178,224.36 18,821.86 (2,645,902.83) (2,627,080.97) 4,551,143.39 58,772.79 7,178,224.36 (2,627,080.97) 4,551,143.39 TOTAL 3.82 58,772.79 7,178,224.36 18,821.86 (2,645,902.83) (2,627,080.97) 4,551143.39 CONSTRUCTION FUNDS 2024- LEANDER TexStar Leander 219,067.39 21,798,857.95 219,067.39 22,017,925.34 TEXSTAR-LD 22,017,925.34 3.82 12/31/2025 219,067.39 21,798,857.95 219,067.39 0.00 219,067.39 22,017,925.34 219,067.39 21,798,857.95 219,067.39 22,017,925.34 TOTAL 3.82 219,067.39 21,798,857.95 219,067.39 0.00 219,067.39 22,017,925.34 CONSTRUCTION FUNDS 2024-ROUND ROCK TexStar Round Rock 191,988.80 19,104,33418 191,988.80 19,296,322.98 TEXSTAR-RR 19,296,322.98 3.82 12/31/2025 191,988.80 19104,334.18 191,988.80 0.00 191,988.80 19,296,322.98 191,988.80 19,104,334.18 191,988.80 19,296,322.98 TOTAL 3.82 80 000 191,988.80 19,104,334.18 191,988. . 191,988.80 19,296,322.98 CONSTRUCTION FUNDS-2022 SWIFT TexStar Leander 179,515.25 19,975,702.89 (4,065,708.50) 15,909,994.39 TEXSTAR-LD 15,909,994.39 3.82 12/31/2025 179,515.25 19,975,702.89 57,957.10 (4,123,665.60) (4,065,708.50) 15,909,994.39 TOTAL 3 82 179,515.25 19,975,702.89 57,957.10 (4,123,665.60) (4,065,708.50) 15,909,994.39 179,515.25 19,975,702.89 (4,065,708.50) 15,909,994.39 ESCROW FUNDS 2021- CEDAR PARK DREYFUS GVT CM;INST 151,849.99 15,497,212.00 155,119.42 15,652,331.42 X9USDDGCM 15,652,331.42 3.65 12/31/2025 155,11942 15,497,212.00 155,119.42 0.00 155,119.42 15,652,33142 151,849.99 15,497,212.00 155,119.42 15,652,331.42 TOTAL 3.65 155,119.42 15,497,212.00 155,119.42 0.00 155,119.42 15,652,331.42 LEANDER-ESFD24 27 BRUSHY CREEK RUA I DECEMBER 31,2025 MEEDER PUBLIC FUNDS Change in Value BEGINNING BOOK CHANGE IN ENDING BOOK VALUE BOOK VALUE VALUE ISSUER TRADE DATE INTEREST ACCRUAL BEGINNING MARKET PURCHASES/ CHANGE IN ENDING MARKET IDENTIFIER PAR VALUE YIELD MATURITY DATE INTEREST RECEIVED VALUE ADDITIONS REDEMPTIONS MARKET VALUE VALUE US DOLLAR 0.00 17,674,989.49 0.00 17,674,989.49 CCYUSD 17,674,989.49 0.00 12/31/2025 0.00 17,674,989.49 0.00 0.00 0.00 17,674,989.49 0.00 17,674,989.49 0.00 17,674,989.49 TOTAL 0.000.00 17,674,989.49 0.00 0.00 0.00 17,674,989.49 LEANDER-ESFD25 US DOLLAR 0.00 0.00 36,114,179.00 36,114,179.00 CCYUSD 36,114,179.00 0.00 12/31/2025 0.00 0.00 0.00 0.00 36,114,179.00 36,114,179.00 0.00 0.00 36,114,179.00 36,114,179.00 TOTAL 0 0.00 0.00 0.00 0.00 36,114,179.00 36,114,179.00 OPERATING FUNDS TEXSTAR-MO TexStar Master Operating 3 82 35,665.85 3,533,377.44 (184,358.40) 3,349,019.04 783,339.88 (967,698.28) 3,349,019.04 12/31/2025 35,665.85 3,533,377.44 (184,358.40) 3,349,019.04 Wells Fargo Analyzed Business 1,171.53 831,122.53 (25,961.11) 805,161.42 2550665125 Checking Plus PF 0.48 71 (6,323,715.82) 12/31/2025 1,171.53 831,122.53 6,297,754. ,323,715. (25,961.11) 805,161.42 805,161.42 TOTAL 3.17 36,837.38 4,364,499.97 7,081,094.59 (7,291,414.10) (210,319.51) 4,154180.46 36,837.38 4,364,499.97 (210,319.51) 4,154180.46 ROUND ROCK-ESFD24 US DOLLAR 0.00 12,687,611.00 0.00 12,687,611.00 CCYUSD 12,687,611.00 0.00 12/31/2025 0.00 12,687,611.00 0.00 0.00 0.00 12,687,611.00 0.00 12,687,611.00 0.00 0.00 0.00 12,687,611.00 TOTAL 0.00 0.00 12,687,611.00 0.00 12,687,611.00 GRAND TOTAL 2.43 1,087,411.67 157,310,217.36 21,009,559.08 (29,980,593.25) 27,275,343.76 184,585,561.12 1,131,800.19 157,321,303.81 27,280,852.00 184,602,155.81 28 Disclosure Meeder provides monthly statements for its investment management clients to provide information about the investment portfolio.The information should not be used for audit or confirmation purposes.Please review your custodial statements and report any inaccuracies or discrepancies. 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