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<br />Special Revenue and Enterprise Funds <br />The Quarterly Financial Report for the special revenue and enterprise funds is attached to this <br />report. All funds fell within the expected budget amounts. The Parks & Recreation fund activity <br />for 2021 includes the recreational programming activities that are now possible to program in <br />2021. <br /> <br />Investments <br />As of September 30, 2021, total cash and investments for all City Funds totaled $16,859,133, and <br />the allocation by investment type is as follows: <br /> <br />Type Amount Percentage <br />Money Market $31,133 .18% <br />4M money market 2,445,809 14.52% <br />CD’s 13,139,130 77.93% <br />Treasuries 499,761 2.97% <br />Agencies 500,000 2.96% <br />Municipal Bonds 243,299 1.44% <br />Total $16,859,133 100.00% <br /> <br />Since all the CD’s that City holds are under $250,000, they are FDIC insured. There are two CD’s <br />at RCU that are collateralized, as per the City’s investment policy. All current investments are <br />within the City’s Investment Policy. <br /> <br />Since the City’s cash and investments are needed for cash flow in the City’s operating and capital <br />activities, it is helpful to understand the maturities in order to structure future investment <br />opportunities. Below are the future maturities for the City’s cash and investments. <br /> <br /> <br /> <br /> <br /> <br />