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Total
<br />2024 2025 2026 2027 2028 2029 2030
<br />January 1- 445,000.00 - - - - - 445,000.00
<br />Fe bruary 2- 245,000.00 249,000.00 480,000.00 440,000.00 - - 1,414,000.00
<br />March 3- 992,665.99 607,915.60 240,000.00 - - - 1,840,581.59
<br />April 4- 350,000.00 245,000.00 650,000.00 200,000.00 - - 1,445,000.00
<br />May 5- - 245,000.00 400,000.00 85,000.00 - - 730,000.00
<br />June 6- - - - - - - -
<br />July 7 586,000.00 745,000.00 735,000.00 - - - -2,066,000.00
<br />August 8 735,000.00 490,000.00 733,000.00 220,000.00 - - - 2,178,000.00
<br />September 9 494,612.37 198,030.19 - - - - - 692,642.56
<br />October 10 383,919.72 - - - - - - 383,919.72
<br />November 11 - 245,000.00 220,000.00 - - - - 465,000.00
<br />December 12 492,000.00 - 245,000.00 - - - - 737,000.00
<br />2,691,532.09 3,710,696.18 3,279,915.60 1,990,000.00 725,000.00 - - 12,397,143.87
<br />13,496,557.85
<br />1,099,413.98 MM
<br />Investments Maturity by Year and Month
<br />2,691,532.09
<br />3,710,696.18
<br />3,279,915.60
<br />1,990,000.00
<br />725,000.00
<br />2024 2025 2026 2027 2028
<br />Maturities by Year
<br />The City budgets investment income as part of the budget process so it is helpful to understand the
<br />coupons (interest rate) for the cash and investments.
<br />Coupon Amount Percentage
<br />To 1.00% 4,469,815.00 36.06%
<br />1.01% to 1.50% 245,000.00 1.98%
<br />1.51% to 2.00% 609,915.60 4.92%
<br />2.01% to 2.50%- 0.00%
<br />2.51% to 3.50% 1,332,642.56 10.75%
<br />3.51 to 5.50% 5,739,770.71 46.30%
<br />Total 12,397,143.87 100.00%
<br />As of June 30, 2024
<br />The City purchased nine securities since the beginning of the year at an average yield of 4.378%.
<br />I am happy to answer any questions regarding the City’s finances and this report.
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