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Item 3B1 - Monthly Financial Report 3B1 CITY OF S0UTHLA1<,..-E 0 MONTHLY FINANCIAL REPORT September 2026 PERFORMANCE AT A GLANCE Year to Date 3 year Trend Reference General Fund Exp.Vs.Rev. Positive Positive Page 3 Sales Tax Revenue(2 months prior activity) Positive Positive Page 3 Property Tax Revenue Positive Positive Page 4 Permit Revenues Positive Positive Page 4 Departmental Expenditures Summary Positive Positive Page 5 Positive =Positive variance or negative variance<1%compared to seasonal trends. Warning =Negative variance of 1-4%compared to seasonal trends Negative =Negative Variance of>4%compared to seasonal trends. City of Southlake Monthly Financial Report 1 10/13/2026 ECONOMIC INDICATORS NATIONAL ECONOMY National GDP: h 2. s FINANCIAL ACTIVITY GDP is defined as thee output of goods and services produced by labor and property located in the United States,The Bureau of Labor and Economic Analysis reported that the"third"estimated GDP for the 2nd 5 YEAR TREND OF • • quarter of 2026 increased at a rate of 2.2%.In the $200,000,000 1st quarter of 2026,GDP increased at a rate of 2.5%. $180,000,000 Housing Starts: V/ 7.6% $160,000,000 Single-family housing starts in August 2026 were at a seasonally adjusted rate of 918,000,an increase of $140,000,000 7.6%from the revised July figure of 853,000. $120,000,000 UNEMPLOYMENT RATES $100,000,000 National: 4.2% The National Unemployment rate for September $80,000,000 2026 increased slightly to 4.2%when compared to August 2026 at 4.1%. $60,000,000 State-wide: v/ 4.4% $40,000,000 The Texas Unemployment rate for August 2026 $20,000,000 (preliminary)shows a slight decrease to 4.4%,down from July 2026 at 4.5%. $- DFW Area: 4.4% 2022* 2023* 2024* 2025* 2026* *October-September ■Construction permit values The Dallas/Fort Worth/Arlington Metropolitan Area unemployment rate for August 2026(preliminary) decreased to 4.4%from 4.6%in July 2026. City of Southlake Monthly Financial Report 2 10/13/2026 GENERAL FUND OVERALL FUND PERFORMANCE: GENERAL FUND REVENUE VS EXPENDITURES 2026 FY 2026 FY 2026 FY 2026 REVENUE FY 2026 EXPENDITURE 2025 EXPEND. REVENUE EXPENDITURE VARIANCE Oct $ 636,258 $ 4,794,258 $ (4,158,000) $18,000,000 Nov $ 2,561,295 $ 3,902,817 $ (1,341,522) $16,000,000 Dec $ 7,631,235 $ 4,371,726 $ 3,259,509 Jan $ 15,423,225 $ 3,803,387 $ 11,619,838 $14,000,000 Feb $ 11,349,792 $ 4,138,303 $ 7,211,489 $12,000,000 Mar $ 3,196,501 $ 4,412,803 $ (1,216,302) Apr $ 2,454,592 $ 4,049,814 $ (1,595,222) $10,000,000 May $ 3,821,199 $ 4,748,621 $ (927,422) $8,000,000 Jun $ 3,553,697 $ 4,237,126 $ (683,429) Jul $ 1,666,574 $ 4,202,659 $ (2,536,085) $6,000,000 Aug $ 2,982,854 $ 3,539,314 $ (556,460) $4,000,000 — — - -- Sep $ 2,956,256 $ 6,072,339 $ (3,116,083) Tot $ 58,233,478 $ 52,273,167 $ 5,960,311 $2,000,000 CHART OUTLOOK: POSITIVE Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep The outlook for the year is positive as overall revenues and expenditures are on target with the final amended budget. The expenditures exceed revenues by almost$6.0 million. REVENUE ANALYSIS GENERAL FUND SALES TAX 2026-2024 COMPARISON FY 2026 FY 2025 FY 2024 FY 2026 � FY 2025 FY 2024 Oct $ 2,090,232 $ 1,792,542 $ 1,639,596 $3,000,000 Nov $ 1,911,949 $ 1,815,114 $ 1,701,432 ' Dec $ 2,832,105 $ 2,552,523 $ 2,383,801 $2,500,000 Jan $ 1,815,479 $ 1,722,503 $ 1,643,095 Feb $ 1,423,796 $ 1,470,957 $ 1,458,994 $2,000,000 Mar $ 2,062,221 $ 1,961,273 $ 1,859,641 P, ._ Apr $ 2,283,345 $ 1,828,118 $ 1,749,381 $1,500,000 May $ 1,936,284 $ 1,836,616 $ 1,660,932 Jun $ 1,642,029 $ 1,837,179 $ 1,777,233 $1,000,000 Jul $ 2,170,946 $ 1,806,454 $ 1,653,109 Aug $ 1,841,461 $ 1,717,354 $ 1,710,382 $500,000 Sep $ 1,889,172 $ 1,690,978 Tot $ 22,009,846 $ 22,229,805 $ 20,928,572 $- — Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep CHART OUTLOOK: POSITIVE Year-to-date collections are trending higher than FY 2025(8.2%)and FY 2024(14.4%).August 2026 sales are lower than August 2025(7.2%)and August 2024(7.7%).July sales included a large audit adjustment. Year-to-date collections are above budget,so the outlook is considered positive.Staff will continue to monitor collections closely. City of Southlake Monthly Financial Report 3 10/13/2026 GENERAL FUND REVENUE ANALYSIS (continued) PROPERTY TAX 3 YEAR TREND FY 2026 FY 2025 FY 2024 ■FY 2026 ■FY 2025 FY 2024 Oct $ 312,284 $ 415,744 $ 577,913 $16,000,000 Nov $ 2,105,365 $ 2,389,817 $ 2,012,904 $14,000,000 Dec $ 4,884,201 $ 4,489,786 $ 8,236,314 $12,000,000 Jan $ 12,750,099 $ 14,130,006 $ 10,376,818 $10,000,000 Feb $ 7,078,383 $ 5,620,386 $ 5,623,897 Mar $ 511,848 $ 640,868 $ 532,180 $5,000,000 Apr $ 182,514 $ 295,560 $ 257,466 $6,000,000 May $ 176,139 $ 205,571 $ 198,604 $4,000,000 Jun $ 422,115 $ 460,606 $ 516,677 $2,000,000 Jul* $ (1,079,128) $ (1,089,408) $ (1,139,094) $- - + Aug $ 103,216 $ 107,845 $ 88,418 $(2,000,000) Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep $ 40,683 $ 21,654 $ 16,945 Tot $ 27,487,719 $ 27,688,435 $ 27,299,042 *Net transfer of TIF revenues to CHART OUTLOOK: POSITIVE TIF fund As of September,the 2026 YTD property tax collections($27,487,719)are relatively flat when compared to 2025 YTD($27,688,435)and FY 2024 YTD($27,299,042). As shown in the chart,the majority of property tax revenue is collected in the second quarter of the fiscal year.YTD collections are slightly below the amended budget($27,675,000)by approximately 0.07%. PERMIT REVENUE 2026-2024 COMPARISON FY 2026 FY 2025 FY 2024 �FY 2026 �FY 2025 FY 2024 Oct $ 119,457 $ 332,221 $ 110,053 $350,000 Nov $ 129,258 $ 121,292 $ 284,653 Dec $ 143,697 $ 104,932 $ 69,759 $300,000 Jan $ 119,083 $ 133,336 $ 90,986 Feb $ 127,714 $ 145,396 $ 93,595 $250,000 Mar $ 121,047 $ 135,536 $ 226,182 Apr $ 238,925 $ 137,408 $ 121,572 $200,000 May $ 164,862 $ 192,289 $ 198,453 ' Jun $ 177,737 $ 152,593 $ 159,935 $150,000 Jul $ 166,292 $ 124,896 $ 135,053 $100,000 Aug $ 177,444 $ 112,085 $ 100,564 Sep $ 201,873 $ 117,989 $ 156,642 $50,000 Tot $ 1,887,389 $ 1,809,973 $ 1,747,447 CHART OUTLOOK: POSITIVE Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep The value of new construction permits($159.9M+)issued for FY 2026 YTD is approximately 11.1% and 1.9%less than in FY 2025 and FY 2024,respectively.FY 2026 YTD permit revenue is 4.3%higher than FY 2025 and 8.0%higher than FY 2024.The permit revenue exceeds the budget,so the outlook is considered positive. City of Southlake Monthly Financial Report 4 10/13/2026 EXPENDITURE ANALYSIS DEPARTMENTAL EXPENDITURES SUMMARY FY 2026 ACTUAL FY 2025 ACTUAL FY 2026 BUDGET FY 2025/2026 YTD YTD(SEPTEMBER) YTD(SEPTEMBER) YTD (SEPTEMBER) VARIANCE BUDGET VARIANCE FY 2025%SPENT CIAO $ 1,290,877 $ 1,220,634 $ 1,378,621 $ 70,243 $ 87,744 93.64% COMM $ 816,245 $ 851,068 $ 895,806 $ (34,823) $ 79,561 91.12% CS $ 6,640,674 $ 6,829,133 $ 7,270,403 $ (188,459) $ 629,729 91.34% CSO $ 561,393 $ 624,869 $ 666,630 $ (63,476) $ 105,237 84.21% DPS $ 24,497,976 $ 23,693,152 $ 25,640,325 $ 804,824 $ 1,142,349 95.54% ED $ 413,537 $ 470,712 $ 506,230 $ (57,175) $ 92,693 81.69% FIN $ 3,214,485 $ 3,153,369 $ 3,336,672 $ 61,116 $ 122,187 96.34% HR $ 743,281 $ 750,966 $ 901,296 $ (7,685) $ 158,015 82.47% IT $ 3,914,586 $ 3,677,624 $ 4,351,350 $ 236,962 $ 436,764 89.96% PDS $ 2,485,385 $ 2,424,708 $ 2,632,053 $ 60,677 $ 146,668 94.43% PW $ 5,275,215 $ 5,561,567 $ 5,920,695 $ (286,352) $ 645,480 89.10% SS $ 2,419,513 $ 2,276,392 $ 2,747,083 $ 143,121 $ 327,570 88.08% Totals $ 52,273,167 $ 51,534,194 $ 56,247,164 $ 738,973 $ 3,973,997 92.93% FY 2026 ACTUAL YTD(SEPTEMBER) FY 2025 ACTUAL YTD(SEPTEMBER) FY 2026 BUDGET YTD (SEPTEMBER) $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 I $2,000,000 $ CMO COMM CS CSO DPS ED FIN HR IT PDS PW SS CHART OUTLOOK: POSITIVE As indicated above,2026 expenditures are higher than 2025 expenditures for the same period,up 1.43%,primarily due to compensation changes and increases in contract costs.The outlook is positive,as expenditures are on pace to stay within budget for the fiscal year. City of Southlake Monthly Financial Report 5 10/13/2026 INVESTMENT REPORT City of Southlake July 1 to September 30, 2026 �1. i L � � i � Ta.M1 -4 d J Hilltop Securities J�*Contents Market Recap . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 Investment Officers'Certification . . . . . . . . . . . . . . . . . . . . . . . . . . .4 Portfolio Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 Portfolio Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 Asset Allocation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 Credit Rating Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 Benchmark Comparison. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9 Fund Overview . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10 Detail of Security Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11 Famed Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 Investment Transactions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 Investment Transactions Totals. . . . . . . . . . . . . . . . . . . . . . . . . . . .14 Amortization and Accretion . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 Projected Cash Flows. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16 Projected Cash Flows Totals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 Disclosures&Disclaimers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 2 Hillto Securities � City of Southlake I� As of September 30,2026 Market Recap Treasury yields surged higher in September as low unemployment and stubborn inflation as escalating tensions in the Middle East raised concerns about potential supply disruptions. provided the Federal Reserve with enough reason to raise rates for the first time in more Oil prices moved higher and diesel fuel reached a record high at$6.52 per gallon, than three years.The rate hike,along with hawkish Fed rhetoric and growing concerns contributing to worries that elevated energy costs would add to inflationary pressures. about federal deficits and debt,drove yields sharply higher across theTreasury curve. The Federal Open Market Committee raised the federal funds target rate by 25 basis points Economic data released throughout the month pointed to continued expansion.The at its September meeting,bringing the overnight target rate to a 3.75%to 4.00%range. ISM Manufacturing Index held at 54.6 in August,while the Services Index registered 55.4, Chair Kevin Warsh offered little guidance regarding future meetings,emphasizing instead both comfortably in expansion territory and consistent with healthy demand across much that policy will be data dependent.Since the meeting,hawkish commentary from several of the economy.Growth expectations also improved with the Atlanta Fed's GDPNow Fed officials indicated that additional tightening may still be necessary if inflation fails to model projecting third-quarter GDP growth of 5%,driven in part by booming corporate show more convincing improvement. investment in Al(artificial intelligence)infrastructure. The economic backdrop entering October appears strongerthan it did just a month ago. The labor market surprised to the upside as employers added 162kjobs in August,easily Unemployment is low,consumer spending has stabilized,and business activity surveys exceeding consensus expectations while revisions to June and July payrolls added another continue pointing toward expansion.Inflation remains above the Federal Reserve's target 55kjobs to the tally.The unemployment rate held steady at 4.1%,while labor force and recent data suggests the path back to 2%may be slower than policymakers would like. participation edged up to 61.6%,its first increase in nearly a year.Wage growth was modest, Markets have adjusted accordingly,with futures implying at least one more hike before year with average hourly earnings rising 3.1%year-over-year. end and as much as 100bps of additional tightening over the next twelve months.Longer- Overall,labor market activity continues to reflect a"no-hire,no-fire"environment.Job term Treasury yields have responded to the combination of stronger growth expectations, openings fell to 7.1 million in August,their lowest level in five months,as employers have persistent inflation,massive federal borrowing needs,and increased Treasury supply by become increasingly selective about adding workers.Meanwhile,layoffs are near their sending yields to multi-decade highs.Until inflation shows more meaningful progress lowest levels in more than a year,suggesting businesses are reluctant to reduce headcount. toward the Federal Reserve's 2%target,investors should expect policymakers to maintain a hawkish bias and longer-term yields to remain near recent highs. Inflation is the primary focus for markets and policymakers and remains a major concern. August core CPI registered an above consensus 0.3%month-over-month gain which kept the annual rate at 2.4%,reinforcing worries that progress toward the Federal Reserve's 2% objective has stalled.Core PCE,the Fed's preferred inflation gauge,increased 0.25%during the month and continues to run near a 3.0%annual pace.While inflation has moderated from earlier highs,the pace of improvement remains painfully slow. Adding to inflation concerns during September,energy markets experienced more volatility ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 3 Hillto Securities � City of Southlake I� As of September 30,2026 Investment Officers' Certification This report is prepared for the City of South lake(the"Entity)in accordance with Chapter 2256 of the Texas Public Funds Investment Investment Officers Act("PFIA").Section 2256.023(a)of the PFIA states that:"Not less than quarterly,the investment officer shall prepare and submit to the governing body of the entity a written report of the investment transactions for all funds covered by this chapter for the preceding reporting period."This report is signed bythe Entity's investment officers and includes the disclosures required in the PFIA. NICOIe Bradshaw The investment portfolio complied with the PFIA and the Entity's approved Investment Policy and Strategy throughout the period. Nicole Bradshaw Deputy Director of Finance All investment transactions made in the portfolio during this period were made on behalf of the Entity and were made in full compliance with the PFIA and the approved Investment Policy. Sharen Jackson Sharen Jackson Chief Financial Officer ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 4 Hillto Securities � City of Southlake I� July 1,2026-September 30,2026 Portfolio Overview Portfolio Summary Income Summary Portfolio Characteristics Prior Current • Current Period 1 Jul-26 to 30 Sep-26 Prior Current -. - ParValue 365,728,940.79 353,698,343.56 Interest Income 3,258,693.51 Yield to Maturity 3.742% 3.818% Original Cost 364,714,573.16 352,685,147.80 Net Amortization/Accretion 138,154.06 Yield to Worst 3.742% 3.818% BookValue 365,282,441.41 353,389,998.24 Realized Gain/(Loss) 0.00 Days to Final Maturity 60 38 Market Value 365,230,495.09 353,240,572.96 Net Income 3,396,847.57 Days to Effective Maturity 60 38 Accrued Interest 1,008,510.73 823,291.49 Duration 0.57 0.42 BookValue Plus Accrued 366,290,952.14 354,213,289.73 • •Sep-26 Market Value Plus Accrued 366,239,005.82 354,063,864.45 Net Income 13,629,298.17 Net Unrealized Gain/(Loss) (51,946.32) (149,425.28) Asset Allocation Transaction Summary QuantityTransactionType Maturity (15,000,000.00) 15,000,000.00 0.00 15,000,000.00 0.00 Coupon 0.00 0.00 990,625.00 990,625.00 0.00 AGCY 2.83% LGIP 60.07% MMFUND 15.97% US GOVT 21.13% ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 5 ake Hillto Securities. City m er30, 026 p As of September 30,2026 Portfolio Overview Maturity Distribution by Security Type Top Ten Holdings ■ AGCY 2.83% LGIP 60.07% ■ MMFUND 15.97% Issuer Allocation ■ US GOVT 21.13% TEXSTAR 22.91% 100% USA 21.13% 76.0 I nvesco 15.97% 75% TXCLASS 12.87% LON ESTRGOV 9.51% 50% TEXPOOL 9.33% 25% LONESTRCRP 5.45% 9'9 5.6 5.6 Federal Farm Credit Banks Funding Corporation 1.42% 2.8 0% Federal Home Loan Banks 1.42% 0 oc`r' za o�Sre ���r zany �a�e easy ny by o e o3`S 510 Maturity Distribution by Security Type SecurityType • PortfolioTotal AGCY 5,005,642.69 5,003,461.53 10,009,104.22 LGIP 212,269,454.33 212,269,454.33 MMFUND 56,428,889.23 56,428,889.23 USGOVF 19,963,024.96 30,033,267.23 14,786,809.93 9,899,448.34 74,682,550.46 Total 268,698,343.56 19,963,024.96 35,038,909.92 19,790,271.46 9,899,448.34 — — — — 353,389,998.24 ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 6 Hillto Securities � City of Southlake I� As of September 30,2026 Asset Allocation Asset Allocation by Security Type as of Asset Allocation by Security Type as of 30-Jun-2026 30-Sep-2026 AGCY 2.74% AGCY 2.83% LGIP 61.79% LGIP 60.07% MMFUND 10.96% MMFUND 15.97% US GOVT 24.51% US GOVT 21.13% Book Value Basis Security Distribution SecurityType Prior Balance PriorAllocation Change in Allocation Current Balance Current Allocation 30-Sep-26 AGCY 10,013,186.94 2.74% 0.09% 10,009,104.22 2.83% 4.143% LGIP 225,703,651.27 61.79% (1.72%) 212,269,454.33 60.07% 3.793% MMFUND 40,025,289.52 10.96% 5.01% 56,428,889.23 15.97% 3.740% USGOVT 89,540,313.68 24.51% (3.38%) 74,682,550.46 21.13% 3.906% Portfolio Total 365,282A41Al 100.000/0 353,389,998.24 100.000/0 3.818% ©Hilltop Securities Asset Management,LLC.All rights reserved. Page ake Hillto Securities. City m er30, 026 p As of September 30,2026 Credit Rating Summary Rating Distribution Allocation by Rating PortfolioBookValue Allocation Local Government Investment Pools&Money Market Funds AAA 268,698,343.56 76.03% Total Local Government Investment Pools&Money Market Funds 268,698,343.56 76.03% Long Term Rating Distribution AA+ 84,691,654.68 23.97% Total Long Term Rating Distribution 84,691,654.68 23.97% PortfolioTotal 353,389,998.24 100.000/0 ■ AAA 76.03% ■ AA+23.97% ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 8 Hillto Securities � City of Southlake I� As of September 30,2026 Benchmark Comparison City of Southlake 6 Month CMT - 1 Year CMT - TexPool 5.00% 4.00% 3.00% ti� ti� ti� tih tih ti� ti� tih tih ti� tih tih tih tih ti� ti� ti� ti� ti� ti� tib F0 Yield Overview City of Southlake 4.93 4.78 4.66 4.50 4.43 4.35 4.35 4.32 419 418 4.27 4.23 4.13 4.04 3.93 3,86 3.83 3.80 3.78 3.74 3.74 3.73 3.76 3.82 6 Month CMT 5.00 4.84 4.66 4.50 4.39 4.34 4.30 4.28 4.27 4.28 4.25 4.18 4.11 4.02 3.91 3.79 3.71 3.68 3.67 3.67 3.71 3.78 3.84 3.92 1 Year CMT 4.82 4.75 4.69 4.64 4.58 4.50 4.40 4.31 4.23 4.16 4.11 4.08 4.03 3.97 3.91 3.86 3.80 3.77 3.75 3.72 3.71 3.71 3.72 3.78 TexPool 4.91 4.73 4.56 4.39 4.36 4.33 4.34 4.31 4.30 4.31 4.31 4.25 4.14 3.99 3.83 3.71 3.68 3.67 3.66 3.62 3.65 3.65 3.68 3.76 ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 9 Hillto Securities � City of Southlake I� July 1,2026-September 30,2026 Fund Overview Fund Name Prior BookValue Prior MarketValue Changes to Market Current Book Value Current Market Value Netincome D. Value General Operating 365,282,441.41 365,230,495.09 (11,989,922.13) 353,389,998.24 353,240,572,96 3,396,847.57 38 3.818% 3.818% Total 365,282p41Al 365,23Q495.09 (11,989,922.13) 353,389,998.24 353,240,572.96 3,396,84757 38 3.818% 3.818% ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 10 Hillto Securities � City of Southlake I� As of September 30,2026 Detail of Security Holdings CUSIP Settle Date Security Security Description CPN Maturity NextCall CallType ParValue Purch Original Cost BookValue Mkt MarketValue Days Daysto Type Date Date Price Price to Mty Call General Operating INVSCSLAK MMFUND In scoGov't&Agency 09/30/26 56,428,889.23 100.000 56,428,889.23 56,428,889.23 100.000 56,428,889.23 1 3.740 3.740 AAA LNSTCRP LGIP LoneStarCorpO/N 3.890 09/30/26 19,250,055.22 100.000 19,250,055.22 19,250,055.22 100.000 19,250,055.22 1 3.890 3.890 AAA LNSTGOV LGIP LoneStarGovO/N 3.730 09/30/26 33,601,335.76 100.000 33,601,335.76 33,601,335.76 100.000 33,601,335.76 1 3,730 3.730 AAA TEXPOOL LGIP TexPool 3.759 09/30/26 32,958,311.20 100.000 32,958,311.20 32,958,311.20 100.000 32,958,311.20 1 3.759 3.759 AAA TEXSTAR LGIP TexSTAR 3.745 09/30/26 80,974,895.55 100.000 80,974,895.55 80,974,895.55 100.000 8Q974,895.55 1 3.745 3.745 AAA TXCLASS LGIP Texas CLASS 3.908 09/30/26 45,484,856.60 100.000 45,484,856.60 45,484,856.60 100.000 45,484,856.60 1 3.908 3.908 AAA 91282CLS8 03/13/25 USGOVT U.S.TreasuryNote 4.125 10/31/26 10,000,000.00 100.164 10,016,406.25 10,000,858.20 99.984 9,998,437.50 31 4.018 4.018 AA+ 91282CDK4 10/29/25 USGOVT U.S.Treasury Note 1.250 11/30/26 10,000,000.00 97.516 9,751,562.50 9,962,166.77 99.531 9,953,125.00 61 3.599 3.599 AA+ 91282CME8 03/13/25 USGOVT U.S.TreasuryNote 4.250 12/31/26 10,000,000.00 100.422 10,042,187.50 10,006,013.20 100.016 10,001,562.50 92 4.002 4.002 AA+ 91282CMH1 03/13/25 USGOVT U.S.TreasuryNote 4.125 01/31/27 10,000,000.00 100.227 10,022,656.25 10,004,155.28 99.953 9,995,312.50 123 3.997 3.997 AA+ 91282CMP3 10/29/25 USGOVT U.S.Treasury Note 4.125 02/28/27 10,000,000.00 100.730 10,073,046.88 1Q023,098.76 99.949 9,994,921.90 151 3.558 3.558 AA+ 3133EP6K6 02/21/25 AGCY FFCB 4.500 03/26/27 5,000,000.00 100.467 5,023,355.05 5,005,642.69 100.013 5,000,660.00 177 4.263 4.263 AA+ 91282CKJ9 06/11/25 USGOVT U.S.TreasuryNote 4.500 04/15/27 5,000,000.00 100.832 5,041,601.56 5,012,522.83 100.090 5,004,492.20 197 4.025 4.025 AA+ 912828ZS2 03/13/25 USGOVT U.S.Treasury Note 0.500 05/31/27 10,000,000.00 92.676 9,267,578.13 9,774,287.10 97.453 9,745,312.50 243 3.984 3.984 AA+ 3130AWBZ2 06/11/25 AGCY FHLB 4.125 06/11/27 5,000,000.00 100.195 5,009,738.25 5,003,461.53 99.714 4,985,710.00 254 4.023 4.023 AA+ 91282CFB2 06/11/25 USGOVT U.S.TreasuryNote 2.750 07/31/27 5,000,000.00 97.457 4,872,851.56 4,949,388.75 98.551 4,927,539.05 304 4.001 4.001 AA+ 91282CFH9 02/21/25 USGOVT U.S.Treasury Note 3.125 08/31/27 5,000,000.00 97.316 4,865,820.31 4,950,059.59 98.703 4,935,156.25 335 4.260 4.260 AA+ Total General 353,698,343.56 352,685,147.80 353,389,998.24 353,240,572.96 38 3A18 3.818 Operating Grand Total 353,698,34356 352,685,147.80 353,389,998.24 353,240,572.96 38 3,818 3.818 ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 11 Hillto Securities � City of Southlake I� July 1,2026-September 30,2026 Earned Income Sold/MaturedCLISIP Security Detailed Security Description Beginning Accrued Interest Interest Rec'd/ Interest Ending Disc Accr/Prern Net Realized Net Income Type Earned General Operating 91282CHM6 US GOVT U.S.Treasury Note 4.5 07/15/2026 207,596.69 17,403.31 225,000.00 0.00 0.00 (1,326.62) 0.00 16,076.69 91282CLH2 US GOVT U.S.Treasury Note 3.75 08/31/2026 62,669.84 31,080.16 93,750.00 0.00 0.00 4,219.12 0.00 35,299.28 INVSCSLAK MMFUND I nvesco Gov't&Agency MM 115,081.84 470,938.28 412,974.71 0.00 173,045.41 0.00 0.00 470,938.28 LNSTCRP LGIP LoneStar Corp C/N 0.00 184,823.48 184,823.48 0.00 0.00 0.00 0.00 184,823.48 LNSTGOV LGIP LoneStar Gov O/N 0.00 309,565.49 309,565.49 0.00 0.00 0.00 0.00 309,565.49 TEXPOOL LGIP TexPool 0.00 362,747.48 362,747.48 0.00 0.00 0.00 0.00 362,747.48 TEXSTAR LGIP TexSTAR 0.00 745,037.94 745,037.94 0.00 0.00 0.00 0.00 745,037.94 TXCLASS LGIP Texas CLASS 0.00 438,138.65 438,138.65 0.00 0.00 0.00 0.00 438,138.65 91282CLS8 US GOVT U.S.Treasury Note 4.125 10/31/2026 69,497.28 103,125.00 0.00 0.00 172,622.28 (2,631.80) 0.00 100,493.20 91282CDK4 US GOVT U.S.Treasury Note 1.25 11/30/2026 10,587.43 31,420.77 0.00 0.00 42,008.20 58,010.96 0.00 89,431.72 91282CME8 US GOVT U.S.Treasury Note 4.25 12/31/2026 1,154.89 106,250.00 0.00 0.00 107,404.89 (6,079.27) 0.00 100,170.73 91282CMH1 US GOVT U.S.Treasury Note 4.125 01/31/2027 172,064.92 103,682.37 206,250.00 0.00 69,497.28 (3,130.07) 0.00 100,552.30 91282CMP3 US GOVT U.S.Treasury Note 4.125 02/28/2027 137,873.64 103,700.94 206,250.00 0.00 35,324.59 (13,852.59) 0.00 89,848.36 3133EP6K6 AGCY FFCB 4.5 03/26/2027 59,375.00 56,250.00 112,500.00 0.00 3,125.00 (2,846.85) 0.00 53,403.15 91282CKJ9 US GOVT U.S.Treasury Note 4.5 04/15/2027 47,336.07 56,557.38 0.00 0.00 103,893.44 (5,740.91) 0.00 50,816.47 912828ZS2 US GOVT U.S.Treasury Note 0.5 05/31/2027 4,234.97 12,568.31 0.00 0.00 16,803.28 84,192.03 0.00 96,760.34 3130AWBZ2 AGCY FHLB 4.125 06/11/2027 11,458.33 51,562.50 0.00 0.00 63,020.83 (1,235.87) 0.00 50,326.63 91282CFB2 US GOVT U.S.Treasury Note 2.75 07/31/2027 57,354.97 34,560.79 68,750.00 0.00 23,165.76 15,019.07 0.00 49,579.86 91282CFH9 US GOVT U.S.Treasury Note 3.125 08/31/2027 52,224.86 39,280.66 78,125.00 0.00 13,380.52 13,556.87 0.00 52,837.53 Total General 1,008,510.73 3,25$69351 3,443,912.75 0.00 823,291.49 138,154.06 0.00 3,396,847.57 Operating Grand Total 1,008,510.73 3,258,69351 3,443,912.75 0.00 823,291.49 138,154.06 0.00 3,396,847.57 ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 12 Hillto Securities � City of Southlake I� July 1,2026-September 30,2026 Investment Transactions Maturity Principal Interest Realized Gain/ CUSIP Trade Date Settle Date SecurityType Security Description Coupon Date Call Date ParValue Price Amount Purchased/ Total Amount Loss YTM YTW Received General Operating Coupon 91282CHM6 07/15/26 07/15/26 US GOVT U.S.Treasury Note 4.500 07/15/26 0.00 0.00 225,000.00 225,000.00 0.00 — — 91282CFB2 07/31/26 07/31/26 USGOVT U.S.Treasury Note 2.750 07/31/27 0.00 0.00 68,750.00 68,750.00 0.00 — — 91282CMH1 07/31/26 07/31/26 USGOVT U.S.Treasury Note 4.125 01/31/27 0.00 0.00 206,250.00 206,250.00 0.00 — — 91282CFH9 08/31/26 08/31/26 USGOVT U.S.Treasury Note 3.125 08/31/27 0.00 0.00 78,125.00 78,125.00 0.00 — — 91282CLH2 08/31/26 08/31/26 USGOVT U.S.Treasury Note 3.750 08/31/26 0.00 0.00 93,750.00 93,750.00 0.00 — 91282CMP3 08/31/26 08/31/26 USGOVT U.S.Treasury Note 4.125 02/28/27 0.00 0.00 206,250.00 206,250.00 0.00 — — 3133EP6K6 09/26/26 09/26/26 AGCY FFCB 4.500 03/26/27 0.00 0.00 112,500.00 112,500.00 0.00 — — Total Coupon 0.00 0.00 990,625.00 990,625.00 0.00 Maturity 91282CHM6 07/15/26 07/15/26 US GOVT U.S.Treasury Note 4.500 07/15/26 (10,000,000.00) 100.000 10,000,000.00 0.00 10,000,000.00 0.00 — — 91282CLH2 08/31/26 08/31/26 USGOVT U.S.Treasury Note 3.750 08/31/26 (5,000,000.00) 100.000 5,000,000.00 0.00 5,000,000.00 0.00 — Total Maturity (15,000,000.00) 15,00Q000.00 0.00 15,000,000.00 0.00 ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 13 Hillto Securities � City of Southlake I� July 1,2026-September 30,2026 Investment Transactions Totals TransactionType Quantity Principal Amount Interest Total Amount Realized G/L YTM YTW Total Maturity (15,000,000.00) 15,000,000.00 0.00 15,000,000.00 0.00 4.190 4.190 Total Coupon 0.00 0.00 990,625.00 990,625.00 0.00 ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 14 Hillto Securities � City of Southlake I� July 1,2026-September 30,2026 Amortization and Accretion CUSIP Settle Date Security Detailed Security Description Purchase Qty Orig Price Original Cost Amort/Accrfor TotalAmort/Accr RemainingDisc/ Ending:•. Type . Since Purch Premium Value - General Operating 91282CHM6 06/11/25 USGOVT U.S.Treasury Note 4.5 07/15/2026 0.00 0.000 0.00 (1,326.62) 0.00 0.00 0.00 91282CLH2 02/21/25 US GOVT U.S.Treasury Note 3.75 08/31/2026 0.00 0.000 0.00 4,219.12 0.00 0.00 0.00 91282CLS8 03/13/25 USGOVT U.S.Treasury Note 4.12510/31/2026 10,000,000.00 100.164 10,016,406.25 (2,631.80) (15,548.05) 858.20 10,000,858.20 91282CDK4 10/29/25 USGOVT U.S.Treasury Note 1.25 11/30/2026 10,000,000.00 97.516 9,751,562.50 58,010.96 210,604.27 (37,833.23) 9,962,166.77 91282CME8 03/13/25 USGOVT U.S.Treasury Note 4.25 12/31/2026 10,000,000.00 100.422 10,042,187.50 (6,079.27) (36,174.30) 6,013.20 10,006,013.20 91282CMH1 03/13/25 USGOVT U.S.Treasury Note 4.12501/31/2027 10,000,000.00 100.227 10,022,656.25 (3,130.07) (18,500.97) 4,155.28 10,004,155.28 91282CMP3 10/29/25 US GOVT U.S.Treasury Note 4.125 02/28/2027 10,000,000.00 100.730 10,073,046.88 (13,852.59) (49,948.12) 23,098.76 10,023,098.76 3133EP6K6 02/21/25 AGCY FFCB 4.5 03/26/2027 5,000,000.00 100.467 5,023,355.05 (2,846.85) (17,712.36) 5,642.69 5,005,642.69 91282CKJ9 06/11/25 USGOVT U.S.Treasury Note 4.5 04/15/2027 5,000,000.00 100.832 5,041,601.56 (5,740.91) (29,078.73) 12,522.83 5,012,522.83 912828ZS2 03/13/25 US GOVT U.S.Treasury Note 0.5 05/31/2027 10,000,000.00 92.676 9,267,578.13 84,192.03 506,708.97 (225,712.90) 9,774,287.10 3130AWBZ2 06/11/25 AGCY FHLB 4.125 06/11/2027 5,000,000.00 100.195 5,009,738.25 (1,235.87) (6,276.72) 3,461.53 5,003,461.53 91282CFB2 06/11/25 US GOVT U.S.Treasury Note 2.75 07/31/2027 5,000,000.00 97A57 4,872,851.56 15,019.07 76,537.19 (50,611.25) 4,949,388.75 91282CFH9 02/21/25 USGOVT U.S.Treasury Note 3.125 08/31/2027 5,000,000.00 97.316 4,865,820.31 13,556.87 84,239.28 (49,940.41) 4,950,059.59 Total General 85,000,000.00 83,986,804.24 138,154.06 704,850.44 (308,345.32) 84,691,654.68 Operating Grand Total 85,000,000.00 83,986,804.24 138,154.06 704,850.44 (308,34532) 84,691,654.68 ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 15 Hillto Securities � City of Southlake I� September 30, 2026 to September 30, 2027 Projected Cash Flows CUSIP Detailed Security Description Post Date Interest Principal Total Amount General Operating 91282CKJ9 U.S.Treasury Note 4.5 04/15/2027 10/15/26 112,500.00 112,500.00 91282CLS8 U.S.Treasury Note 4.125 10/31/2026 11/02/26 206,250.00 206,250.00 91282CLS8 U.S.Treasury Note 4.125 10/31/2026 11/02/26 10,000,000.00 10,000,000.00 912828ZS2 U.S.Treasury Note 0.5 05/31/2027 11/30/26 25,000.00 25,000.00 91282CDK4 U.S.Treasury Note 1.2511/30/2026 11/30/26 62,500.00 62,500.00 91282CDK4 U.S.Treasury Note 1.25 11/30/2026 11/30/26 10,000,000.00 10,000,000.00 3130AWBZ2 FHLB 4.125 06/11/2027 12/11/26 103,125.00 103,125.00 91282CME8 U.S.Treasury Note 4.25 12/31/2026 12/31/26 212,500.00 212,500.00 91282CME8 U.S.Treasury Note 4.25 12/31/2026 12/31/26 10,000,000.00 10,000,000.00 91282CFB2 U.S.Treasury Note 2.75 07/31/2027 02/O1/27 68,750.00 68,750.00 91282CMH1 U.S.Treasury Note 4.125 01/31/2027 02/01/27 206,250.00 206,250.00 91282CMH 1 U.S.Treasury Note 4.125 01/31/2027 02/01/27 10,000,000.00 10,000,000.00 91282CFH9 U.S.Treasury Note 3.12508/31/2027 03/O1/27 78,125.00 78,125.00 91282CMP3 U.S.Treasury Note 4.125 02/28/2027 03/01/27 206,250.00 206,250.00 91282CMP3 U.S.Treasury Note 4.125 02/28/2027 03/01/27 10,000,000.00 10,000,000.00 3133EP6K6 FFCB 4.5 03/26/2027 03/26/27 112,500.00 112,500.00 3133EP6K6 FFCB 4.5 03/26/2027 03/26/27 5,000,000.00 5,000,000.00 91282CKJ9 U.S.Treasury Note 4.5 04/15/2027 04/15/27 112,500.00 112,500.00 91282CKJ9 U.S.Treasury Note 4.5 04/15/2027 04/15/27 5,000,000.00 5,000,000.00 912828ZS2 U.S.Treasury Note 0.5 05/31/2027 06/01/27 25,000.00 25,000.00 912828ZS2 U.S.Treasury Note 0.5 05/31/2027 06/01/27 10,000,000.00 10,000,000.00 3130AWBZ2 FHLB 4.125 06/11/2027 06/11/27 103,125.00 103,125.00 3130AWBZ2 FHLB 4.125 06/11/2027 06/11/27 5,000,000.00 5,000,000.00 91282CFB2 U.S.Treasury Note 2.75 07/31/2027 08/02/27 68,750.00 68,750.00 91282CFB2 U.S.Treasury Note 2.75 07/31/2027 08/02/27 5,000,000.00 5,000,000.00 91282CFH9 U.S.Treasury Note 3.12508/31/2027 08/31/27 78,125.00 78,125.00 91282CFH9 U.S.Treasury Note 3.12508/31/2027 08/31/27 5,000,000.00 5,000,000.00 Grand Total 1,781,250.00 85,000,000.00 86,781,250.00 ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 16 Hillto Securities � City of Southlake I� September 30, 2026 to September 30, 2027 Projected Cash Flows Totals Month .Year Interest Principal Total Amount October 2026 112,500.00 112,500.00 November 2026 293,750.00 20,000,000.00 20,293,750.00 December 2026 315,625.00 10,000,000.00 10,315,625.00 February 2027 275,000.00 10,000,000.00 10,275,000.00 March 2027 396,875.00 15,000,000.00 15,396,875.00 April 2027 112,500.00 5,000,000.00 5,112,500.00 June 2027 128,125.00 15,000,000.00 15,128,125.00 August 2027 146,875.00 10,000,000.00 10,146,875.00 Total 1,781,250.00 85,000,000.00 86,781,250.00 ■ Interest ■ Principal $30,000,000 $20,000,000 $10,000,000 Oct: Dec-26 Apr-27 ©Hilltop Securities Asset Management,LLC.All rights reserved. Page 17 Hillto Securities � City of Southlake I� As of September 30,2026 Disclosures & Disclaimers As a courtesy to investors this information:(1)is provided for informational purposes only;(2)should not be construed as an offer to sell or a solicitation of an offer to buy any security;and(3)does not replace customer statements. This report is designed to provide general information and is not intended to provide specific legal,investment,accounting,tax or other professional advice. It is important to review and save all source documents provided by a product sponsor or brokerage firm which may contain notices,disclosures and other information important to you and may also serve as a reference.If conflicts between this report and sponsor reports or confirmations exist,the information provided by the product sponsors shall prevail.Fees and sales charges paid may not be reflected in the information. The information and data contained herein is obtained from sources believed to be reliable but its accuracy or completeness is not guaranteed.Additionally,the information may contain assets held away from HTS,therefore investors should contact customer service or other representatives from the respective distributors or issuers to determine SIPC coverage for heldaway assets.HTS and HSAM do not guarantee the information contained herein or its accuracy or completeness regarding contributions,withdrawals,protected values.All information is subject to further review with client to validate final values. It is not possible to directly invest in an index.Financial forecasts,rates of return,risk,inflation,and other assumptions may be used as the basis for illustrations.They should not be considered a guarantee offuture performance or a guarantee of achieving overall financial objectives.Past performance is not a guarantee or a predictor of future results of either the indices or any particular investment.S&P rates the creditworthiness of individual bonds from:AAA highest to D lowest. Investing in fixed income securities involves interest rate risk,credit risk,and inflation risk.Interest rate risk is the possibility that bond prices will decrease because of an interest rate increase.When interest rates rise,bond prices and the values offixed income securities fall.When interest rates fall,bond prices and the values of fixed income securities rise.Credit risk is the risk that a company will not be able to pay its debts,including the interest on its bonds.Inflation risk is the possibility that the interest paid on an investment in bonds will be lower than the inflation rate,decreasing purchasing power. Cash alternatives typically include money market securities and U.S.treasury bills.Investing in such cash alternatives involves inflation risk.In addition,investments in money market securities may involve credit risk and a risk of principal loss.Because money market securities are neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency,there is no guarantee the value of your investment will be maintained at$1.00 per share,and your shares, when sold,may be worth more or less than what you originally paid for them.U.S.Treasury bills are subject to market risk if sold prior to maturity.Market risk is the possibility that the value,when sold,might be less than the purchase price. Investing in stock securities involves volatility risk,market risk,business risk,and industry risk.The prices of most stocks fluctuate.Volatility risk is the chance that the value of a stock will fall.Market risk is the chance that the prices of all stocks will fall due to conditions in the economic environment.Business risk is the chance that a specific company's stock will fall because of issues affecting it.Industry risk is the chance that a set offactors particular to an industry group will adversely affect stock prices within the industry. Securities offered by HTS:(1)are not FDIC(Federal Deposit Insurance Corporation)insured;(2)are not bank deposits;(3)are not guaranteed by any bank or by any other federal government agency.None ofthe named entities are affiliates of HTS or HSAM.Hilltop Securities Asset Management(HSAM)is an SEC-registered investment advisor.Hilltop Securities Inc.(HTS)is a registered broker-dealer,registered investment adviser and municipal advisor firm that does not provide tax or legal advice. Member of FINRA&SIPC.HTS and HSAM are wholly owned subsidiaries of Hilltop Holdings,Inc.(NYSE:HTH)located at 717 N.Harwood St.,Suite 3400,Dallas,Texas 75201,(214)859-1800,833-4HILLTOP. Copyright 2025,S&P Global Market Intelligence.Reproduction of any information,data or material,including ratings("Content")in any form is prohibited except with the prior written permission ofthe relevant party.Such party,its affiliates and suppliers("Content Providers")do not guarantee the accuracy, adequacy,completeness,timeliness or availability of any Content and are not responsible for any errors or omissions(negligent or otherwise),regardless ofthe cause,or for the results obtained from the use of such Content.In no event shall.Content Providers be liable for any damages,costs,expenses,legal fees,or losses(including lost income or lost profit and opportunity costs)in connection with any use ofthe Content. A reference to a particular investment or security,a rating or any observation concerning an investment that is part of the content is not a recommendation to buy,sell or hold such investment or security,does not address the suitability of an investment or security and should not be relied on as investment advice.Credit ratings are statements of opinions and are not statements of fact. OHilltop Securities Asset Management,LLC.All rights reserved. Page 18 September 22, 2026 The Marq Financial Review CEDC FINANCIAL DASHBOARD 10/1/2025 9/30/2026 =CR excludes 115580-60"accounts as of-- 9/22/2026 83D AM 1D MARQ cc LH NET REVENUE:CURRENT&PREVIOUS YEAR *OCR•LHR—Total Revenue LY 400K 300K 200K 60.00% 118.90% 65.00% 120.27% 36.00% 118.30% Target ATT Target ATT Target ATT ]OOK 4.43M 621M 3.92M 5.01M 512.27K 1.20M Revenue Expense Revenue Expense Re— Expense OK ... .. ... Sep 2025 Oct 2025 Nov 2025 Dec 2025 tan 2026 Feb 2026 Mar 2026 Apr 2026 May 2026 Jun 2026 Jul 2026 Aug 2026 Sep 2026 THE MARQ MENMERSHIPREVENUE(NET) THE MARQ RENTALS RFVF1 (NET) •CC-Rental-Revenue•LH-Rental-Revenue*Sum Revenue LY 250K ]ODIC 200K 80K 150K 60K 1AOK ... ..... 40K 50K ... ..... 20K OK OK Sep 2025 Oct 2025 Nov Dec 2025 Jan 2026 Feb 2025 Mar Apr 2026 May Jun 2025 Jul 2026 Aug Sep 2025 Sep Oct 2025 Nw De Jan 2025 Feb Mar Apr 2026 May Jun 2026 Jul 2026 Aug Sep 2025 2026 2026 2026 2025 2025 2025 2026 2026 2026 2026 2026 CHAMPIONS CLL-NOIBERSHIP TRENDS U --.------ 3730 3765 ,........ ... 35413634 3617 3654 3633 3690 3674 3526 3517 3565 3535 3583 3579 3553 3574 35713551 355g 3591355g 3619 3588 3625 36a4 3613 3493 3493 3472 3476 3487 3453 3469 N 2K 1K qK Jul 2024 Jan 2025 Jul 2025 Jan 2026 Jul2026 CHAMPIONS CLUB MEMBERSHIP TRENDS(RESIDENT VS NON-RESIDENT) 'exdudes[nrporIE and Employee memheahips 4K 3K 3107 30�6 3136 3160 3194 3133 57 2979 3028 3075 3057 30112963 2964 3W9 30413025 3058 30513062 3039 3045 3036 2977 2944 2958 3032 30443014 3053 3022 3057 3048 3072 2K J.K 467 456 443 448 491 489 483 471 484 499 503 469 448 449 457 451 462 447 461 470 464 477 471 459 454 456 465 480 493 492 510 511 513 502 507 491 �t AP. -MLI 4 IML� 4=ip�, ,a.i2024 Jul 2024 an 2025 Jul 2025 Jan 2026 Jul 2026 CC.1O MBERSHIPS CHANGES BY FISCAL YEAR&MO'STH-JOINS CC MEMBERSHIPS CHANGES BY FISCAL YEAR&MONTH-TERMS Fiscal Year FY22 fFY23--w-FY24#FY25 f FY26 FiscaIYear f FY22 f FY23--w-FY24#FY25 f FY26 350 300 300 250 250 200 0 200 o � E 150 F 150 100 100 50 50 0 0 2 4 6 10 12 2 4 6 8 10 12 Final Month Final Month JOINS TERAIINATIONS 7 8 FY22 172 2115 2D9 254 173 192 239 349 31D 253 2911 185 FY22 165 142 148 175 158 135 15D 190 223 196 231 23D FY23 215 253 244 285 206 212 204 325 268 266 294 203 FY23 2D6 191 131 213 201 171 175 239 236 253 319 263 FY24 188 182 235 318 235 225 245 290 295 291 273 221 FY24 196 183 130 2291 253 200 258 240 261 252 356 377 FY25 236 210 239 301 215 225 230 253 227 239 245 202 FY25 294 204 196 2561 250 196 2D9 257 233 256 263 263 FY26 2151 2271 282 2941 205 227 212 254 2171 235 304 FY26 244 2271 1341 2581 247 164 244 224 241 235 293 MULTI-YEAR CC MEMBERSHIPS ANALYSIS BY ME.I1BERSHIP TYPE-JOINS MULTI-YEAR CC AIEMMERSHIPS ANALYSIS BY MEMBERSHIP TYPE-TERAIINATIONS *Adult @Family#Family No child Watch asenior 6Youth *Adult @Family#Family No child Watch bsenior;Youth p r, N .—I m m oo m m rn 800 p ❑ p p a m O 0 r, 47 n 700 m � ^ ❑ q m ❑ ❑ r, r° 600 rn 500 m N N N ❑ 0 o a N m ca co q SIX] tL m v q = l° - E 400 m N m rn b ry N m 300 q N N N m ,—I N p _ N q rti p N 6f rm-I cNi aN—I ci 106 0 a 0 FY23 FY24 FY25 FY25 FY22 FY23 FY24 JOINS TERJ'MATIONS Adult 547 685 817 803 807 Adult 521 604 709 794 749 Family 503 557 549 489 489 Family 296 436 492 503 473 Family No Child Watch 339 820 730 704 614 Family No Child Watch 600 668 700 690 632 SENDir 2131 2701 261 262 329 senior 141 221 201 234 286 Youth 1601 1611 1631 133 147 Youth 127 140 151 125 129 MDEI%MERSMPS BY 'TYPE 0 Fa m i ly No Child Watch 0 Ad Lilt i Farmi ly 0 Se ni or *Youth 5.35% 12.11 3�.16 2 1.76 — L 28.61 Sales Tax Update �•= :sire. ._�. �;.•�,.'i: �i.: Three Year Revenue Comparison by Month $1,200,000 $1,000,000 $800,000 $600,000 $400,000 F $200,000 �Z, Fiscal Year 2024 ■ Fiscal Year 2025 Fiscal Year 2026 EXPERIENCE SOUTHLAI<,.,.,E