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<br />
<br />Due to first tax settlement advance revenue received from County in June there is a larger portion
<br />of the portfolio in the 4M Money Market. The current Money Market balance of $550,819.61 is
<br />expected to roll into new investments end of July beginning of August.
<br />
<br />All of the CD’s that City holds are under $250,000, and are FDIC insured. There are two CD’s at
<br />RCU that are collateralized, as per the City’s investment policy. All current investments are within
<br />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 />Total
<br />2022 2023 2024 2025 2026 2027 2028
<br />January - - 218,061.39 245,000.00 - - - 463,061.39
<br />February - - - 245,000.00 - - - 245,000.00
<br />March - 398,912.00 125,383.20 733,815.00 362,915.60 - - 1,621,025.80
<br />April - 1,011,916.23 - 350,000.00 245,000.00 - - 1,606,916.23
<br />May - 544,934.00 - - - - - 544,934.00
<br />June - 490,000.00 299,847.00 - - - - 789,847.00
<br />July 490,000.00 490,000.00 586,000.00 745,000.00 490,000.00 - - 2,801,000.00
<br />August 980,000.00 1,140,000.00 735,000.00 245,000.00 - - - 3,100,000.00
<br />September 499,000.00 - - - - - - 499,000.00
<br />October 1,514,039.16 245,000.00 - - - - - 1,759,039.16
<br />November 490,000.00 245,000.00 - 245,000.00 - - - 980,000.00
<br />December 245,000.00 245,000.00 247,000.00 - 245,000.00 - - 982,000.00
<br />4,218,039.16 4,810,762.23 2,211,291.59 2,808,815.00 1,342,915.60 - - 15,391,823.58
<br />15,942,643.19
<br />550,819.61 MM
<br />Investments Maturity by Year and Month
<br />
<br />
<br />
<br />4,218,039.16 4,810,762.23
<br />2,211,291.59
<br />2,808,815.00
<br />1,342,915.60
<br />2022 2023 2024 2025 2026
<br />Maturities by Year
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