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<br />Investments <br />As of September 30th, 2024, total cash and investments for all City Funds totaled $16,336,089, and <br />the allocation by investment type is as follows: <br /> <br /> <br /> <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 to structure future investment opportunities. <br />Below are the future maturities for the City’s cash and investments. <br /> <br /> <br /> <br /> <br /> <br />Type Amount Percentage <br />MM $1,418,137.11 8.68% <br />CD $11,999,421.12 73.45% <br />Agency $499,376.70 3.06% <br />Treasury $581,949.91 3.56% <br />Municipal $117,915.60 0.72% <br />Checking 4M $1,719,288.37 10.52% <br />Total $16,336,088.81 100.00%