Loading...
R-2026-134 - 5/28/2026 RESOLUTION NO. R-2026-134 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, 2026 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 28th day of May, 2026. CRAIO M AN, Mayor City of Round Rock, Texas ATTEST: AN FRANKLIN, City Clerk 0112.20262 EXHIBIT A jp�RaOU�ND ROCK TEXAS QUARTERLY INVESTMENT REPORT For the Quarter Ended March 31, 2026 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. Signature withheld for security purposes Signature withheld for security purposes Chief Financial Officer Deputy Chief Financial Officer Signature withheld for security purposes Signature withheld for security purposes Controller Treasury Accountant Valley Vie Consulting, 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. :f� Summa ryHoldin s by Investment Category ry (Security Sector) March 31, 2026 YTM @ Description Cost Book Value Market Value Cash 0.04% $ 14,780,540 $ 14,780,540 Certificates of Deposit 3.96% 138,094,088 138,094,088 Local Government Investment Pool 3.74% 164,730,964 164,730,964 Money Market Accounts 3.80% 1 64,927,474 64,927,474 US Agency 4.42% 119,991,212 120,046,478 US Treasury 3.81% 15,024,471 14,992,199 Total/Average 3.86% $ 517,548,749 $ 517,571,742 December 31,2025 YTM @ Description Cost Book Value Market Value Cash 0.00% $ 6,422,703 $ 6,422,703 Certificates of Deposit 4.02% 160,684,794 160,684,794 Local Government Investment Pool 3.89% 120,233,887 120,233,887 Money Market Accounts 1 3.90% 1 64,315,086 64,315,086 US Agency 4.52% 157,982,099 158,442,453 US Treasury 4.25% 4,899,221 4,915,933 Total/Average 4.08% $ 514,537,791 $ 515,014,856 Average Yield Current Fiscal Year- Quarter(1) to-Date(2) Total Portfolio 3.86% 3.97% TexPool Yield 3.67% 3.75% Rolling Three Mo. Treas. Yield 3.69% 3.77% Rolling Six Mo. Treas. Yield 3.68% 3.79% Rolling 1 Yr. Treas. Yield 3.79% 3.86% Rolling 2 Yr. Treas. Yield 3.97% 4.03% Investment Income(3) Interest Income(Approximate) $ 5,236,008 $ 10,747,426 WAM at 3/31/2026 Policy WAM Max Total Portfolio 127 days 540 days Pooled Funds 154 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. Valley View Consulting„L.L.C. Economic Overview 3/31/2026 The Federal Open Market Committee(FOMC)maintained the Fed Funds target 3.50%-3.75%(Effective Fed Funds trade+/-3.64%) at their Jan meeting. Additional rate cuts during 2026 are uncertain,but could include one late fall. March Non-Farm Payroll added 178k(exceeding the+60k expectation) raising the three month average to+68k. The S&P 500 Stock Index retrenched+/- 8%since touching 7,000. The yield curve is almost fully positive. With the Middle East conflict, Crude Oil continues$100+. Inflation continues above the FOMC 2%target(Core CPI 2.5%and Core PCE+/-3.1%). The uncertain world events still influence volatility. 4.60 Treasury Yield Curves 8,000 S&P 500 4.40 OR 7,000 4.20 40 6,000 4.00 5,000 3.80 so do 41W I 4,000 3.60 - 00000 3,000 3.40 2,000 3.20 3.00 1,000 O111,,o�y� y� �t� 1t� �� Ory March 31,2025 December 31,2025 ---March 31,2026 6.00 US Treasury Historical Yields-Since 2006 6.00 US Treasury Historical Yields-Since Nov 2018 5.50 - - - + --- 5.50 �r 5.00 5.00 4.50 4.50 - 4.00 4.00 3.50 &A AL F& 1 3.50 3.00 3.00 2.50 2.50 , 2.00 2.00 ~ 1.501.50 ' 1.00 1.00 0.50 0.50 0.00 v0.00 im. J �0o�A1 ec0��,2�`�pa�11a<1ry2�1b�`,pscNy N� '�11 a�`No 'Nq "pa�ry��` Q�ry��`TA�`ryha�ry6 ��^� °�1e�a°N(b Nq��ryo °"�o���1 �1�� ��a°y� so -Six Month T-Bill Two Year T-Note Ten Year T-Note F ---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 l�j\ Holdings by Investment Category March 31,2026 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 $ 14,780,540 3% $ — 0% $ — 0% $ — 0% $ 14,780,540 3% Certificates of Deposit 138,094,088 27% — 0% — 0% — 0% 138,094,088 27% Investment Pools 74,861,880 14% 32,419,255 6% 3,180,405 1% 54,269,424 10% 164,730,964 32% Money Market Accounts 64,927,474 13% — 0% — 0% — 0% 64,927,474 13% Municipal — 0% — 0% — 0% — 0% — 0% US Agency 119,991,212 23% — 0% — 0% — 0% 119,991,212 23% US Treasury 15,024,471 3% — 0% — 0% — 0% 15,024,471 3% Total l Average 427,679,666 83% $ 32,419,255 6% $ 3,180,405 1% $ 54,269,424 100/0 $517,548,749 100% Portfolio Balances(Millions) Order of Liquidity $600 ■Cash $500 ®Local Government Investment Pool $400 - ■Money Market Account $300 ■US Treasury $200 ®US Agency _..._ OMunicipal $100 1 ■Certificates of Deposit $0 F7771 Pooled Funds DS Funds DSR Funds CP&SP Funds Total Portfolio 3/31/2026 3/31/2026 3/31/2026 3/31/2026 3/31/2026 3 City of Round Rock Valley View Consulting, L.L.C. Investment Holdings by Investment Category Quarterly Transactions By Investment Category March 31,2026 March 31,2026 %of Portfolio Net Cash Equivalent Description Book Value Portfolio Limitation Description Buys Sells Maturities Calls Interest Deposit/(withdrawal) Cash $ 14,780,540 2.9% 100% Cash $ — $ — $ — $ — $ 58,691 $ 8,357,837 Investment Pools 164,730,964 31.8% 100% Investment Pools — — — 1,491,747 44,497,076 Mone Market Accounts 64,927,474 12.5% 75% Mone Markets Accounts — 612,387 612,387 Certificates of Deposit 138,094,088 26.7% 85% Certificates of Deposit 14,276,676 — 36,867,382 — 1,495,385 — Commercial Paper — 0.0% 10%/5 0 Commercial Paper — — — —Municipal — 0.0% 35%/5% Municipal — — — — — US Agency 119,991,212 23.2% 85% US Agency 10,000,000 — 48,000,000 — 1,469,792 — US Treasury15,024,471 2.9% 85% US Treasury10,212,422 — — 15,625 — Total/Average $ 517,548,749 100% PASSED Totals $ 34,489,099 $ — $ 84,867,382 $ — $ 5,143,628 $ 53,467,301 Portfolio Balances(Millions) Portfolio Composition Order of Liquidity March 31,2026 Investment Pools $600 31.8% Money Market Accounts ■Cash 12.5% $500 ■Local Government Investment Pool $400 ■Money Market Account $300 " ■US Treasury Cash �.r W 2.9% $200 ■US Agency US Treasury 2.9% $100 OMunicipal Certificates of Deposit 26.7% $0 ■Certificates of Deposit ,tih ti� tih h ,y6 4g�� ���\ US Agency ^� 23.2% 4 City of Round Rock Valley View Consulting, L.L.C. City of Round Rock Pooled Funds Performance 5.50 — 5.00we 4.50 ` 4.00 3.50 ca 3.00 a 2.50 2.00 1.50 ♦ / 1.00 Zi 0.50 - - 1 ♦� 0.00 pro ,\ro ,pro Nro N1 N'1 N1 N1 NO NO NO NO NoN( NO NO O O O O O O O O O O O O O O O O O O Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off'Off' p��o�o��� 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) S600 S500 ■Capital Project&Special Purpose Funds 3 $400 o Debt Service Reserve Funds S300 oDebt Service Funds $200 $100 ■Pooled Funds $0 0^-a O^6 O^6 0�lb 0�0 o�A o�9 0`9 oyo oy0 O,to oho otiN Oti^ pyo. oyN otify otiry otiry Otiry pyni o1IS pyni Oy'S oyt- olb Otit- Olb oy5 Oyh Oyh Oyh O,yro 6 City of Round Rock Valley View Consulting, L.L.C. t�� . ,.,V.<<„,h s Holdings by Allocation and Portfolio Fund March 31, 2026 Coupon Settlement Face Amount/ Market Days to YTM @ Issuer Credit Rating Book Value Market Value Maturity Date Rate Date Shares Price Maturity Book Fund 000-Pooled Investments JPMor an Chase 0.04% 9/30/2015 $ 14,780,540 $ 14,780,540 100.00 $ 14,780,540 N/A 1 0.04% InterBank 3.90% 5/13/2025 20,754,325 20,754,325 100.00 20,754,325 N/A 1 3.90% InterBank 3.97% 5/14/2025 240,795 240,795 100.00 240,795 N/A 1 3.97% NexBank 3.75% 11/29/2016 39,956,893 39,956,893 100.00 39,956,893 N/A 1 3.75% NexBank 3.75% 1/13/2023 3,974,504 3,974,504 100.00 3,974,504 N/A 1 3.75% TexasDAILY Select 3.79% AAAm 12/3/2021 5,951,728 5,951,728 100.00 5,951,728 N/A 1 3.79% TexasDAILY 3.68% AAAm 9/30/2015 2,678,840 2,678,840 100.00 2,678,840 N/A 1 3.68% TexasDAILY 3.68% AAAm 6/1/2021 2,868 2,868 100.00 2,868 N/A 1 3.68% TexPool 3.74% AAAm 9/30/2015 65,991,276 65,991,276 100.00 65,991,276 N/A 1 3.74% TexSTAR 3.65% AAAm 9/30/2015 237,168 237,168 100.00 237,168 N/A 1 3.65% American Nat'l Bank&Trust 0.35% 10/1/2025 957 957 100.00 957 N/A 1 0.35% FAMCA 4.65% 4/22/2024 10,000,000 9,999,258 100.02 10,001,502 4/8/2026 8 5.01% FFCB 4.88% Aa1/AA+ 4/25/2024 10,000,000 9,999,629 100.04 10,004,462 4/15/2026 15 4.97% FAMCA 4.95% Aa1/AA+ 5/6/2024 10,000,000 10,000,000 100.11 10,010,507 5/6/2026 36 4.95% FFCB 4.75% Aa1/AA+ 5/9/2024 2,000,000 1,999,782 100.10 2,001,970 5/8/2026 38 4.86% FFCB 4.88% Aa1/AA+ 5/16/2024 3,000,000 3,000,385 100.13 3,003,919 5/15/2026 45 4.77% FHLB 4.88% Aal/AA+ 6/6/2024 5,000,000 5,000,716 100.21 5,010,365 6/12/2026 73 4.79% FAMCA 4.75% 6/21/2024 20,000,000 20,000,000 100.18 20,036,152 6/18/2026 79 4.75% American Nat'l Bank&Trust 4.30% 7/9/2025 10,289,885 10,289,885 100.00 10,289,885 7/9/2026 100 4.30% American Nat'l Bank&Trust 4.25% 4/28/2025 11,415,022 11,415,022 100.00 11,415,022 7/28/2026 119 4.25% Treasury 0.63% Aa1/AA+ 12/18/2024 5,000,000 4,942,005 98.97 4,948,451 7/31/2026 122 4.25% FAMCA 4.27% 2/6/2025 15,000,000 15,000,000 100.14 15,020,330 8/6/2026 128 4.27% East West Bank 3.91% 9/2/2025 10,228,592 10,228,592 100.00 10,228,592 9/1/2026 154 3.91% American Nat'l Bank&Trust 4.20% 2/10/2025 11,446,487 11,446,487 100.00 11,446,487 9/10/2026 163 4.200/. Third Coast Bank 3.75% 10/3/2024 21,087,116 21,087,116 100.00 21,087,116 10/3/2026 186 3.75% American Nat'l Bank&Trust 4.25% 7/9/2025 5,143,236 5,143,236 100.00 5,143,236 10/9/2026 192 4.25% FAMCA 4.33% 11/20/2024 15,000,000 15,000,000 100.31 15,046,227 11/20/2026 234 4.33% American Nat'l Bank&Trust 4.10% 7/9/2025 5,138,120 5,138,120 100.00 5,138,120 1/9/2027 2841 4.10% American Nat'l Bank&Trust 4.00% 5/15/2025 11,375,532 11,375,532 100.00 11,375,532 2/15/2027 3211 4.00% Cornerstone Capital Bank 3.65% 3/5/2026 12,869,808 12,869,808 100.00 12,869,808 3/4/2027 338 3.65% Wallis Bank 3.65% 9/15/2025 6,710,455 6,710,455 100.00 6,710,455 3/15/2027 349 3.65% American Nat'l Bank&Trust 3.90% 10/2/2025 5,566,370 5,566,370 100.00 5,566,370 4/2/2027 367 3.90% American Nat'l Bank&Trust 3.71% 10/24/2025 5,591,625 5,591,625 100.00 5,591,625 4/27/2027 392 3.71% FAMCA 3.63% 3/10/2026 10,000,000 10,000,000 99.81 9,981,040 5/10/2027 405 3.63% American Nat'l Bank&Trust 4.00% 9/8/2025 11,187,812 11,187,812 100.00 11,187,812 6/8/2027 434 4.00% American Nat'l Bank&Trust 3.80% 10/15/2025 5,553,324 5,553,324 100.00 5,553,324 7/15/2027 471 3.80% FAMCA 3.62% 11/6/2025 15,000,000 15,000,000 99.73 14,958,885 8/6/2027 493 3.62% American Nat'l Bank&Trust 4.02% 9/9/2025 4,490,703 4,490,703 100.00 4,490,703 9/9/2027 527 4.020/. FFCB 3.50% Aa1/AA+ 11/4/2025 5,000,000 4,991,442 99.42 4,971,121 10/15/2027 563 3.61% Treasury 4.13% Aa1/AA+ 3/6/2026 10,000,000 10,082,467 100.44 10,043,748 11/15/2027 594 3.60% Sub Total/Average 3.84% 427,663,982 427,679,666 100.01 427,7029659 154 3.88% 7 City of Round Rock Valley View Consulting, L.L.C. Holdings by Allocation and Portfolio Fund) March 31, 2026 Coupon Settlement Face Amount/ F Market Days to YTM @ Issuer Rate Credit Rating Date Shares Book Value Price Market Value Maturity Date Maturity Book Fund 170-Interest&Sinking GO Bonds TexasDAILY 3.68% AAArn 1 4/30/2016 32,705 32,705 100.00 1 32,705 N/A 1 3.68% TexPool 3.74% AAAm 9/30/2015 27,729,384 27,729,384 100.00 27,729,384 N/A 1 3.74% Sub Total/Average 3.74% 27,762,089 27,762,089 100.00 27,762,089 1 3.74% Fund 463-2024 GO TexPool 3.74% AAAm 5/17/2024 37,172,625 37,172,625 100.00 37,172,625 N/A 1 3.74% Sub Total/Average 3.74% 37,172,625 1 37,172,625 1 100.00 37,172,625 1 3.74% Fund 466&467-2024 CO TexPool 3.74% AAAm 5/17/2024 10,908,416 10,908,416 1 100.00 10,908,416 N/A 1 3.74% Sub Total/Average 3.74% 10,908,416 10,908,416 100.00 10,908,416 1 3.74% Fund 551 -2024 LTN TexPool 3.74% AAAm 5/17/2024 1,681,820 1,681,820 100.00 1,681,820 N/A 1 3.74% Sub Total/Average 3.74% 1,681,820 1,681,820 100.00 1,681,820 1 3.74% Fund 602-Interest&Sinking Revenue Bonds TexPool 3.74% AAAm 9/30/2015 4,657,166 4,657,166 100.00 1 4,657,166 N/A 1 3.74% Sub Total/Average 3.74% 4,657,166 4,657,166 100.00 1 4,657,166 11 3.74% Fund 604-2022 SIB Loan TexPool 3.74% AAAm 9/29/2022 4,506,564 4,506,564 100.00 4,506,564 N/A 1 3.74% Sub Total/Average 3.74% 4,506,564 4,506,564 100.00 4,506,564 1 1 3.74% Fund 605-Kalahari Debt Service Reserve TexPool 3.74% AAAm 8/30/2019 3,180,405 3,180,405 100.00 3,180,405 1 N/A 1 3.74% Sub Total/Average 3.74% 3,180,405 3,180,405 1 100.00 1 3,180,4051 1 11 3.74% Total/Average 3.82% $ 517,533,066 $ 517,548,749 100.01 $ 517,571,742 1 1 1271 3.861/6 8 City of Round Rock Valley View Consulting, L.L.C. Book Value Comparison March 31, 2026 Issuer Coupon Settlement Beginning Book Total Buys/ Total Sells/ Ending Book Change in Book Maturity Date Rate Date Value Increases Decreases Value Value Fund 000-Pooled Investments JPMor an Chase N/A 9/30/2015 N/A $ 6,422,703 $ 9,169,915 $ 812,078 $ 14,780,540 $ 8,357,837 InterBank N/A 5/13/2025 N/A 20,553,395 200,930 20,754,325M2."' InterBank N/A 5/14/2025 N/A 240,811 2,308 2,325 240,795 NexBank N/A 11/29/2016 N/A 38,126 011 1,830 882 39 956,893 NexBank N/A 1/13/2023 N/A 5,393,913 42,315 1,461,724 3,974,504 TexasDAILY Select N/A 12/3/2021 N/A 5,895,979 55,749 — 5,951,728 TexasDAILY N/A 9/30/2015 N/A 2,654,580 24,260 — 2,678,840 TexasDAILY N/A 6/1/2021 N/A 2,842 26 2,868 TexPool N/A 9/30/2015 N/A 52,134,868 27,387,074 13,530,666 65,991,276 TexSTAR N/A 9/30/2015 N/A 235,030 2,138 237,168 , American Nat'l Bank&Trust N/A 10/1/2025 N/A 956 1 957 1 FHLB 4.50% 2/14/2024 1/2/2026 13,000,000 13,000,000 — 13,000,000 Inde endent Financial Bank 3.40% 12/31/2024 1/12/2026 11,260,476 — 11,260,476 — 11,260,476 FHLB 4.70% 2/26/2024 2/13/2026 15,000,000 — 15,000,000 15,000,000 FFCB 4.63% 3/6/2024 3/5/2026 20,001,693 — 20,000,000 — 20,001,693 Cornerstone Capital Bank 4.50% 9/5/2024 3/5/2026 12,735,836 92,923 12,828,759 — 12,735,836 Cornerstone Capital Bank 4.40% 9/26/2024 3/26/2026 12,687,553 90,595 12,778,148 — 12,687,553 FAMCA 4.65% 4/22/2024 4/8/2026 9,990,908 — — 9,999,258 8,350 FFCB 4.88% 4/25/2024 4/15/2026 9,997,405 — — 9,999,629 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 1,999,266 — — 1,999,782 516 FFCB 4.88% 5/16/2024 5/15/2026 3,001,155 — 3,000,385 770 FHLB 4.88% 6/6/2024 6/12/2026 5,001,598 — 5,000,716 882 FAMCA 4.75% 6/21/2024 6/18/2026 20,000,000 — 20,000,000 American Nat'l Bank&Trust 4.30% 7/9/2025 7/9/2026 10,181,551 108,334 — 10,289,885 108,334 American Nat'l Bank&Trust 4.25% 4/28/2025 7/28/2026 11,296,230 118,792 — 11,415,022 118,792 Treasury 0.63% 12/18/2024 7/31/2026 4,899,221 — 4,942,005 42,783 FAMCA 4.27% 2/6/2025 8/6/2026 15,000,000 — 15,000,000 — East West Bank 3.91% 9/2/2025 9/1/2026 10,130,456 98,136 10,228,592 98,136 American Nat'l Bank&Trust 4.20% 2/10/2025 9/10/2026 11,328,759 117,728 11,446,487 117,728 Third Coast Bank 3.75% 10/3/2024 10/3/2026 20,893,329 193,787 — 21,087,116 193,787 American Nat'l Bank&Trust 4.25% 7/9/2025 10/9/2026 5,089,712 53,524 — 5,143,236 53,524 FAMCA 4.33% 11/20/2024 11/20/2026 15,000,000 — — 15,000,000 — American Nat'l Bank&Trust 4.10% 7/9/2025 1/9/2027 5,086,524 51,596 — 5,138 120 51,596 American Nat'l Bank&Trust 4.00% 5/15/2025 2/15/2027 11,264,070 111,463 — 11,375,532 111,463 Cornerstone Capital Bank 3.65% 3/5/2026 3/4/2027 — 12,869,808 — 12,869,808 12,869,808 Wallis Bank 3.65% 9/15/2025 3/15/2027 6,649,282 61,173 — 6,710,455 61,173 American Nat'l Bank&Trust 3.90% 10/2/2025 4/2/2027 5,513,183 53,187 — 5,566,370 53,187 American Nat'l Bank&Trust 3.71% 10/24/2025 4/27/2027 5,540,784 50,841 — 5,591,625 50,841 FAMCA 3.63% 3/10/2026 5/10/2027 10,000 000 — 10,000,000 10,000,000 American Nat'l Bank&Trust 4.00% 9/8/2025 6/8/2027 11,078,189 109,624 — 11,187,812 109,624 American Nat'l Bank&Trust 3.80% 10/15/2025 7/15/2027 5,501,614 51,710 5,553,324 51,710 FAMCA 3.62% 11/6/2025 8/6/2027 15,000,000 — 15,000,000 American Nat'l Bank&Trust 4.02% 9/9/2025 9/9/2027 4,447,248 43,456 4,490,703 43,456 FFCB 3.50% 11/4/2025 10/15/2027 4,990,074 — — 4,991,442 1,368 Treasury 4.13% 3/6/2026 11/15/2027 — 1 10,212,422 10,082,467 10,082,467 Sub Total/Average Fund 000-Pooled Investments 455 227,202 73,204,697 100,674,17 427,679,666 27,547,537 9 City of Round Rock Valley View Consulting, L.L.C. Book Value Comparison March 31, 2026 Coupon Settlement Maturity Date Beginning Book Total Buys/ Total Sells/ Ending Book Change in Book Issuer Rate Date Value Increases Decreases Value Value Fund 170-Interest&Sinking GO Bonds TexPool N/A 9/30/2015 N/A 2,678,510 25,050,875 - 27,729,384 25,0R,875 TexasDAILY N/A 4/30/2016 N/A 32,409 296 - 32,705 296 Sub Total/Average Fund 170-Interest&Sinking GO Bonds 2,710 918 25,051,171 - 27,762 089 25 051,171 Fund 463-2024 GO TexPool N/A 5/17/2024 N/A 36,836,643 335,982 - 37,172,625 335,982 Sub TotallAvera a Fund 463-2024 GO 36,836,643 335,982 37,172,625 335,982 Fund 466&467-2024 CO TexPool N/A 5/17/2024 N/A 10,809,821 98,595 10,908,416 98,595 Sub Total/Average Fund 466&467-2024 CO 10,809,821 98,595 - 10,908,416 98,595 Fund 551-2024 LTN TexPool N/A 5/17/2024 N/A 1,6661619 15,201 - 1,681,820 15,201 Sub Total/Average Fund 551-2024 LTN 1,666,619 15,201 - 1,681,820 15,201 Fund 602-Interest&Sinking Revenue Bonds TexPool N/A 9/30/2015 N/A 451,323 4,418,468 212,625 4,657,166 4,205,843 Sub Total/Average Fund 602-Interest&Sinking Revenue Bonds 451,323 4,418,468 212,625 4,657,166 4,205,843 Fund 604-2022 SIB Loan TexPool N/A 9/29/2022 N/A 4,465,831 40,732 - 4,506,564 40,732 Sub TotallAvera a Fund 604-2022 SIB Loan 4,465,831 40,732 - 4,506,564 40,732 Fund 605-Kalahari Debt Service Reserve TexPool N/A 8/30/2019 N/A 2,369,433 2,997,204 2,186,232 3,180,405 810,972 Sub Total/Average Fund 605-Kalahari Debt Service Reserve 2,369,433 2,997,204 2,186 232 3,180,405 810,972 Total/Average $ 514y637,791 $ 106,162 049 $ 103,073,032 $ 517 548,749 $ 3,010,958 10 City of Round Rock Valley View Consulting, L.L.C. Market Value Comparison March 31, 2026 Coupon Settlement Beginning Total Buys/ Total Sells/ Ending Market Change in Issuer Rate Date Maturity Date Market Value Increases Decreases Value Market Value Fund 000-Pooled Investments JPMor an Chase N/A 9/30/2015 N/A $ 6,422,703 $ 9,169,915 $ 812,078 $ 14,780,540 $ InterBank N/A 5/13/2025 N/A 20,553,395 200,930 20,754,325 — InterBank N/A 5/14/2025 N/A 240,811 2,308 2,725 240,795 — NexBank N/A 11/29/2016 N/A 38 126,011 1,830,882 39,956,893 — NexBank N/A 1/13/2023 N/A 5,393 913 42,315 1,461 724 3,974,504 — TexasDAILY Select N/A 12/3/2021 N/A 5,895,979 55,749 5,951,728 TexasDAILY N/A 9/30/2015 N/A 2,654,580 24,260 2,678,840 — TexasDAILY N/A 6/1/2021 N/A 2,842 26 2,868 TexPool N/A 9/30/2015 N/A 52,134,868 27,387,074 13,530,666 65,991,276 TexSTAR N/A 9/30/2015 N/A 235,030 2,138 — 237,168 — American Nat'l Bank&Trust N/A 10/1/2025 N/A 956 1 — 957 FHLB 4.50% 2/14/2024 1/2/2026 12 998,968 — 13,000,000 1,032 Independent Financial Bank 3.40% 12/31/2024 1/12/2026 11,260,476 — 11,260,476 — FHLB 4.70% 2/26/2024 2/13/2026 15,015,236 — 15,000,000 — 15,236 FFCB 4.63% 3/6/2024 3/5/2026 20,035,316 20,000,000 35,316 Cornerstone Capital Bank 4.50% 9/5/2024 3/5/2026 12,735,836 92,923 12,828,759 — CornerstoneCa italBank 4.40% 9/26/2024 3/26/2026 12,687,553 90,595 12,778,148 — FAMCA 4.65% 4/22/2024 4/8/2026 10,023,655 — 10,001,502 22153 FFCB 4.88% 4/25/2024 4/15/2026 10,031,385 — — 10,004,462 26,923 FAMC 4.95% 5/6/2024 5/6/2026 10,041,366 — — 10,010,507 30,859 FFCB 4.75% 5/9/2024 5/8/2026 2,007,196 — 2,001,970 5,226 FFCB 4.88% 5/16/2024 5/15/2026 3,012,720 — — 3,003,919 8,802 FHLB 4.88% 6/6/2024 6/12/2026 5,029,017 — 5,010,365 18,653 FAMCA 4.75% 6/21/2024 6/18/2026 20,093,324 20,036,152 57,172 American Nat'l Bank&Trust 4.30% 7/9/2025 7/9/2026 10,181,551 108,334 — 10,289,885 — American Nat'l Bank&Trust 4.25% 4/28/2025 7/28/2026 11,296,230 118,792 11,415,022 Treasury 0.63% 12/18/2024 7/31/2026 4,915,933 — — 4,948,451 32,518 FAMCA 4.27% 2/6/2025 8/6/2026 15,048,899 — — 15,020,330 28,569 East West Bank 3.91% 9/2/2025 9/1/2026 10,130,456 98,136 10,228,592 American Nat'l Bank&Trust 4.20% 2/10/2025 9/10/2026 11,328,759 117,728 — 11,446,487 — Third Coast Bank 3.75% 10/3/2024 10/3/2026 20,893,329 193,787 — 21,087,116 American Nat'l Bank&Trust 4.25% 7/9/2025 10/9/2026 5,089 712 53,524 — 5,143,236 — FAMCA 4.33% 11/20/2024 11/20/2026 15,088,833 — — 15,046 227 42 606 American Nat'l Bank&Trust 4.10% 7/9/2025 1/9/2027 5,086 524 51,596 — 5,138,120 American Nat'l Bank&Trust 4.00% 5/15/2025 2/15/2027 11,264,070 111,463 11,375,532 — Comerstone Capital Bank 3.65% 3/5/2026 3/4/2027 — 12,869,808 — 12,869,808 Wallis Bank 3.65% 9/15/2025 3/15/2027 6,649,282 61,173 6,710,455 — American Nat'l Bank&Trust 3.90% 10/2/2025 4/2/2027 5,513 183 53,187 — 5,566,370 — American Nat'l Bank&Trust 3.71% 10/24/2025 4/27/2027 5,540,784 50,841 — 5,591,625 FAMCA 3.63% 3/10/2026 5/10/2027 — 10,000,000 — 9,981,040 18,960 American Nat'l Bank&Trust 4.00% 9/8/2025 6/8/2027 11,078,189 109,624 — 11,187,812 — American Nat'l Bank&Trust 3.80% 10/15/2025 7/15/2027 5,501,614 51,710 — 5,553,324 — FAMCA 3.62% 1 11/6/2025 8/6/2027 15,022,292 — — 14,958,885 63,407 American Nat'l Bank&Trust 4.02% 1 9/9/2025 1 9/9/2027 4,447,248 43,456 — 4,490,703 FFCB 3.500% 11/4/2025 1 10/15/2027 4,994,247 — — 4,971,121 23,127 Treasury 4.13% 1 3/6/2026 1 11/15/2027 — 10,212,422 10,043,748 42,190 Sub Total/Average Fund 000-Pooled Investments 455,704,267 73,204,697 100,674,175 427 702,659 405,646 11 City of Round Rock Valley View Consulting, L.L.C. Market Value Comparison March 31, 2026 Issuer Coupon Settlement Maturity Date Beginning Total Buys/ Total Sells/ Ending Market Change in Rate Date Market Value Increases Decreases Value Market Value Fund 170-Interest&Sinking GO Bonds TexPool N/A 9/30/2015 N/A 2,678,510 1 25,050,875 1 27,729,384 - TexasDAILY N/A 4/30/2016 N/A 32,409 296 - 32,705 - Sub Total/Average Fund 170-Interest&Sinking GO Bonds 2,710,918 25,051,171 - 27,762,089 - Fund 463-2024 GO TexPool N/A 5/17/2024 N/A 36.836,643 335.982 - 37.172,625 - Sub Total/Average Fund 463-2024 GO 36,836,643 335,982 - 37,172,625 - Fund 466&467-2024 CO TexPool N/A 5/17/2024 N/A 10 809821 98.595 - 10,908,416 - Sub Total/Average Fund 466&467-2024 CO 10,809,821 98,595 - 10,908,416 - Fund 551 -2024 LTN TexPool N 5/17/2024 N 666 619 15 201 - 1.681 820 - Sub Total/Average Fund 551 -2024 LTN 1,666,619 15,201 - 1,681,820 - Fund 602-Interest&Sinking Revenue Bonds TexPool N/A 9/30/2015 N/A 451.323 4,418.468 1 212.625 1 4.657.166 - Sub Total/Average Fund 602-Interest&Sinking Revenue Bonds 451,323 4,418,468 1 212,625 1 4,657,166 - Fund 604-2022 SIB Loan TexPool N/A 9/29/2022 N/A 4.465.831 40,732 - 4.506.564 - Sub Total/Average Fund 604-2022 SIB Loan 1 4,465,831 40,732 - 4,506,564 - Fund 605-Kalahari Debt Service Reserve TexPool N/A 8/30/2019 N/A 2.369,433 2.997.204 2.186,232 1 3 180 405 - Sub Total/Average Fund 605-Kalahari Debt Service Reserve 2,369,433 2,997,204 2,186,232 3,180,405 - Total/Average $ 515,014,856 $ 106,162,049 $ 103,073,032 $ 517,571,742 $ 405,646 12 City of Round Rock Valley View Consulting, L.L.C. Holdings by Allocation and Portfolio Fund December 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 0.00% 9/30/2015 $ 6,422,703 $ 6,422,703 100.00 $ 6,422,703 N/A 1 0.00% InterBank 3.90% 5/13/2025 20,553,395 20,553,395 100.00 20,553,395 N/A 1 3.90% InterBank 4.05% 5/14/2025 240,811 240,811 100.00 240,811 N/A 1 4.05% NexBank 3.90% 11/29/2016 38,126,011 38,126,011 100.00 38,126,011 N/A 1 3.90% NexBank 3.90% 1/13/2023 5,393,913 5,393,913 100.00 5,393,913 N/A 1 3.90% TexasDAILY Select 3.98% AAAm 12/3/2021 5,895,979 5,895,979 100.00 5,895,979 N/A 1 3.98% TexasDAILY 3.82% AAAm 9/30/2015 2,654,580 2,654,580 100.00 2,654,580 N/A 1 3.82% TexasDAILY 3.82% AAAm 6/1/2021 2,842 2,842 100.00 2,842 N/A 1 3.82% TexPool 3.89% AAAm 9/30/2015 52,134,868 52,134,868 100.00 52,134,868 N/A 1 3.89% TexSTAR 3.83% AAAm 9/30/2015 235,030 235,030 100.00 235,030 N/A 1 3.83% American Nat'l Bank&Trust 0.36% 10/1/2025 956 956 100.00 956 N/A 1 0.36% FHLB 4.50% Aa1/AA+ 2/14/2024 13,000,000 13,000,000 99.99 12,998,968 1/2/2026 2 4.50% Independent Financial Bank 3.40% 12/31/2024 11,260,476 11,260,476 100.00 11,260,476 1/12/2026 12 3.40% FHLB 4.70% Aa1/AA+ 2/26/2024 15,000,000 15,000,000 100.10 15,015,236 2/13/2026 44 4.70% FFCB 4.63% Aa1/AA+ 3/6/2024 20,000,000 20,001,693 100.18 20,035,316 3/5/2026 64 4.57% Cornerstone Capital Bank 4.50% 9/5/2024 12,735,836 12,735,836 100.00 12,735,836 3/5/2026 64 4.50% Cornerstone Capital Bank 4.40% 9/26/2024 12,687,553 12,687,553 100.00 12,687,553 3/26/2026 85 4.40% FAMCA 4.65% 4/22/2024 10,000,000 9,990,908 100.24 10,023,655 4/8/2026 98 5.01% FFCB 4.88% Aa1/AA+ 4/25/2024 10,000,000 9,997,405 100.31 10,031,385 4/15/2026 105 4.97% FAMCA 4.95% 5/6/2024 10,000,000 10,000,000 100.41 10,041,366 5/6/2026 126 4.95% FFCB 4.75% Aa1/AA+ 5/9/2024 2,000,000 1,999,266 100.36 2,007,196 5/8/2026 128 4.86% FFCB 4.88% Aa1/AA+ 5/16/2024 3,000,000 3,001,155 100.42 3,012,720 5/15/2026 135 4.77% FHLB 4.88% Aa1/AA+ 6/6/2024 5,000,000 5,001,598 100.58 5,029,017 6/12/2026 163 4.79% FAMCA 4.75% 6/21/2024 20,000,000 20,000,000 100.47 20,093,324 6/18/2026 169 4.75% American Nat'l Bank&Trust 4.30% 7/9/2025 10,181,551 10,181,551 100.00 10,181,551 7/9/2026 190 4.30% American Nat'l Bank&Trust 4.25% 4/28/2025 11,296,230 11,296,230 100.00 1 11,296,230 7/28/2026 209 4.25% Treasury 0.63% Aa1/AA+ 12/18/2024 5,000,000 4,899,221 98.32 4,915,933 7/31/2026 212 4.25% FAMCA 4.27% 2/6/2025 15,000,000 15,000,000 100.33 15,048,899 8/6/2026 218 4.27% East West Bank 3.91% 9/2/2025 10,130,456 10,130,456 100.00 10,130,456 9/1/2026 244 3.91% American Nat'l Bank&Trust 4.20% 2/10/2025 11,328,759 11,328,759 100.00 11,328,759 9/10/2026 253 4.20% Third Coast Bank 3.75% 10/3/2024 20,893,329 20,893,329 100.00 20,893,329 10/3/2026 276 3.75% American Nat'l Bank&Trust 4.25% 7/9/2025 5,089,712 5,089,712 100.00 5,089,712 10/9/2026 282 4.25% FAMCA 4.33% 11/20/2024 15,000,000 15,000,000 100.59 15,088,833 11/20/2026 324 4.33% American Nat'l Bank&Trust 4.10% 7/9/2025 5,086,524 5,086,524 100.00 5,086,524 1/9/2027 374 4.10% American Nat'l Bank&Trust 4.00% 5/15/2025 11,264,070 11,264,070 100.00 11,264,070 2/15/2027 411 4.00% Wallis Bank 3.65% 9/15/2025 6,649,282 6,649,282 100.00 6,649,282 3/15/2027 439 3.65% American Nat'l Bank&Trust 3.90% 10/2/2025 5,513,183 5,513,183 100.00 5,513,183 4/2/2027 4571 3.90% American Nat'l Bank&Trust 3.71% 10/24/2025 5,540,784 5,540,784 100.00 5,540,784 4/27/2027 482 3.71% American Nat'l Bank&Trust 4.00% 9/8/2025 11,078,189 11,078,189 100.00 11,078,189 6/8/2027 524 4.00% American Nat'l Bank&Trust 3.80% 10/15/2025 5,501,614 5,501,614 100.00 5,501,614 7/15/2027 561 3.80% FAMCA 3.62% 11/6/2025 15,000,000 15,000,000 100.15 15,022,292 8/6/2027 583 3.62% American Nat'l Bank&Trust 4.02% 9/9/2025 4,447,248 4,447,248 100.00 4,447,248 9/9/2027 617 4.02% FFCB 3.50% 1 Aa1/AA+ 1 11/4/2025 1 5,000,000 1 4,990,074 99.88 4,994,247 10/15/2027 653 3.61%I .61 Sub Total/Average 4.06% 455,345,882 455,227,202 100.08 455,704,267 168 4.11% 13 City of Round Rock Valley View Consulting, L.L.C. Holdings by Allocation and Portfolio Fund December 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 170-Interest&Sinking GO Bonds TexasDAILY 3.82% AAAm 4/30/2016 32,409 32,409 100.00 32,409 N/A 1 3.82% TexPool 3.89% AAAm 9/30/2015 2,678,510 2,678,510 100.00 2,678,510 N/A 1 3.89% Sub Total/Average 3.89% 2,710,918 2,710,918 100.00 2,710,918 1 3.89% Fund 463-2024 GO TexPool 3.89% AAAm 5/17/2024 36,836,643 36,836,643 100.00 36,836,643 N/A 1 3.89% Sub Total/Average 3.89% 36,836,643 36,836,643 100.00 36,836,643 1 3.89% Fund 466&467-2024 CO TexPool 3.89% AAAm 5/17/2024 10,809,821 10,809,821 100.00 10,809,821 N/A 1 3.89% Sub Total/Average 3.89% 10,809,821 10,809,821 100.00 10,809,821 1 3.89% Fund 551 -2024 LTN TexPool 3.89% AAAm 5/17/2024 1,666,619 11,666,6191 100.00 11,666,619 N/A 1 3.89% a Sub Total/Avera 3.89% 1,666,619 1 1,666,619 1 100.00 1 1,666,619 1 3.89% Fund 602-Interest&Sinking Revenue Bonds TexPool 3.89% AAAm 9/30/2015 451,323 1 451,323 1 100.00 1 451,323 N/A 1 3.89% Sub Total/Average 3.89% 1 451,323 1 451,323 1 100.00 1 451,323 11 3.89% Fund 604-2022 SIB Loan TexPool 3.89% AAAm 9/29/2022 4,465,831 4,465,831 100.00 4,465,831 1 N/A 1 3.89% Sub Total/Average 3.89% 4,465,831 4,465,831 100.00 4,465,831 1 1 3.89% Fund 605-Kalahari Debt Service Reserve TexPool 3.89% AAAm 8/30/2019 2,369,433 2,369,433 100.00 2,369,433 1 N/A 1 3.89% Sub Total/Average 3.89% 2,369,433 2,369,433 100.00 2,369,433 1 3.89% Total/Avera a 4.04% $ 514,656,471 $ 514,537,791 100.07 $ 515,014,856 149 4.08% 14 City of Round Rock Valley View Consulting, L.L.C.