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<br />Investments
<br />As of March 31, 2022, total cash and investments for all City Funds totaled $17,750,566.14, and
<br />the allocation by investment type is as follows:
<br />Type Amount Percentage
<br />MM $1,100,114.01 6.20%
<br />CD $11,533,956.50 64.98%
<br />Agency $2,349,157.70 13.23%
<br />Treasury $1,045,272.32 5.89%
<br />Municipal $243,298.80 1.37%
<br />Checking 4M $1,478,766.81 8.33%
<br />Total $17,750,566.14 100.00%
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<br />All of the CD’s that City holds are under $250,000 and are FDIC insured. There is one CD at
<br />RCU that is 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 />2023 2024 2025 2026 2027 2028 2029
<br />January 1- 418,348.19 445,000.00 - - - - 863,348.19
<br />February 2- - 245,000.00 249,000.00 - - - 494,000.00
<br />March 3- 370,560.80 733,815.00 607,915.60 - - - 1,712,291.40
<br />April 4 249,000.00 200,454.22 350,000.00 245,000.00 - - - 1,044,454.22
<br />May 5 789,934.00 245,000.00 - - - - - 1,034,934.00
<br />June 6 490,000.00 545,082.67 - - - - - 1,035,082.67
<br />July 7 490,000.00 586,000.00 745,000.00 490,000.00 - - - 2,311,000.00
<br />August 8 1,140,000.00 735,000.00 490,000.00 - - - - 2,365,000.00
<br />September 9 500,000.00 249,376.70 198,030.19 - - - - 947,406.89
<br />October 10 1,508,248.23 383,919.72 - - - - - 1,892,167.95
<br />November 11 245,000.00 - 245,000.00 - - - - 490,000.00
<br />December 12 245,000.00 492,000.00 - 245,000.00 - - - 982,000.00
<br />5,657,182.23 4,225,742.30 3,451,845.19 1,836,915.60 - - - 15,171,685.32
<br />16,271,799.33
<br />1,100,114.01 MM
<br />Investments Maturity by Year and Month
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