0001167368-26-000005.txt : 20260430 0001167368-26-000005.hdr.sgml : 20260430 20260430151616 ACCESSION NUMBER: 0001167368-26-000005 CONFORMED SUBMISSION TYPE: 40-17F2 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20260430 DATE AS OF CHANGE: 20260430 EFFECTIVENESS DATE: 20260430 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENSSELECT FUNDS CENTRAL INDEX KEY: 0001167368 ORGANIZATION NAME: EIN: 000000000 STATE OF INCORPORATION: MD FILING VALUES: FORM TYPE: 40-17F2 SEC ACT: 1940 Act SEC FILE NUMBER: 811-21035 FILM NUMBER: 26924117 BUSINESS ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 BUSINESS PHONE: 212-922-6400 MAIL ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS CITIZENS SELECT FUNDS DATE OF NAME CHANGE: 20020213 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CITIZENSSELECT FUNDS CENTRAL INDEX KEY: 0001167368 ORGANIZATION NAME: EIN: 000000000 STATE OF INCORPORATION: MD FILING VALUES: FORM TYPE: 40-17F2 BUSINESS ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 BUSINESS PHONE: 212-922-6400 MAIL ADDRESS: STREET 1: C/O BNY MELLON INVESTMENT ADVISER, INC. STREET 2: 240 GREENWICH STREET CITY: NEW YORK STATE: NY ZIP: 10286 FORMER COMPANY: FORMER CONFORMED NAME: DREYFUS CITIZENS SELECT FUNDS DATE OF NAME CHANGE: 20020213 40-17F2 1 anprime03-5.txt JANUARY 31, 2026 FILING U.S. Securities and Exchange Commission Washington, D.C. 20549 FORM N-17f-2 Certificate of Accounting of Securities and Similar Investments in the Custody of Management Investment Companies Pursuant to Rule 17f-2 [17 CFR 270.17f-2] 1. Investment Company Act File Number: Date Examination completed: 811-21035 January 31, 2026 2. State Identification Number: AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY PUERTO RICO Other (specify): 3. Exact name of investment company as specified in registration statement: CitizensSelect Funds 4. Address of principal executive office:(number,street,city,state,zip code) 240 Greenwich Street, New York, New York, 10286 Independent Accountant's Report The Board of Trustees of CitizensSelect Funds We have examined management's assertion, included in the accompanying Report of Management on Compliance with Certain Provisions of the Investment Company Act of 1940, that CitizensSelect Funds (constituting Dreyfus Institutional Preferred Treasury Securities Money Market Fund) (the Company)complied with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 (the Act) as of January 31, 2026. Management is responsible for its assertion about compliance with the requirements of subsections (b) and (c) of Rule 17f-2 of the Act (the specifiedrequirements). Our responsibility is to express an opinion on management's assertion about the Company's compliance with the specified requirements based on our examination. Our examination was conducted in accordance with the attestation standards established by the American Institute of Certified Public Accountants ("AICPA"). Those standards require that we plan and perform the examination to obtain reasonable assurance about whether management's assertion about compliance with the specified requirements is fairly stated, in all material respects. An examination involves performing procedures to obtain evidence about whether management's assertion is fairly stated, in all material respects. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material misstatement of management's assertion, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. We are required to be independent of CitizensSelect Funds and to meet our other ethical responsibilities, as applicable for examination engagements set forth in the Preface: Applicable to All Members and Part 1 : Members in Public Practice of the Code of Professional Conduct established by the AICPA. Included among our procedures were the following tests performed as of January 31, 2026 (the examination date we selected without prior notice to management) and with respect to agreement of security purchases and sales or maturities, for the period from August 1, 2025 (the immediate date after our last examination), through January 31, 2026: -Confirmation of all securities held by institutions in book entry form (e.g., the Federal Reserve Bank of Kansas City, the Depository Trust Company and various sub-custodians); -Confirmation of all securities hypothecated, pledged, placed in escrow or out for transfer with brokers, pledgees, transfer agents or securities lending administrators; -Reconciliation of all such securities to the books and records of the Company and The Bank of New York (the Custodian); and -Confirmation of all repurchase agreements with brokers/banks and agreement of underlying collateral with The Bank of New York (the Custodian) records, if any; and -Agreement of 5 security purchases and 5 security sales or maturities, if occurred, since our last report from the books and records of the Company to corresponding bank statements. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with specified requirements. In our opinion, management's assertion that CitizensSelect Funds complied with the requirements of subsections (b) and (c) of Rule 17f-2 of the Act as of January 31, 2026, with respect to securities reflected in the investment account of the Company is fairly stated, in all material respects. This report is intended solely for the information and use of management and the Board of Trustees of CitizensSelect Funds and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ERNST & YOUNG LLP New York, New York April 29, 2026 Report of Management on Compliance with Certain Provisions of the Investment Company Act of 1940 April 29, 2026 We, as members of management of CitizensSelect Funds (constituting Dreyfus Institutional Preferred Treasury Securities Money Market Fund) (the Company), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, "Custody of Investments by Registered Management Investment Companies," of the Investment Company Act of 1940 ("the Act"). We are also responsible for establishing and maintaining effective internal controls over compliance with those requirements. We have performed an evaluation of the Company's compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of January 31, 2026 and from August 1, 2025 through January 31, 2026. Based on this evaluation, we assert that the Company was in compliance with the requirements of subsections (b) and (c) of Rule 17f-2 of the Act as of January 31, 2026 and from August 1, 2025 through January 31, 2026, with respect to securities reflected in the investment account of the Company. CitizensSelect Funds By: /s/Jim Windels Jim Windels, Treasurer BNY Mellon Investment Adviser, Inc.