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<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 /> <br /> <br /> <br />The City purchased twenty securities since the beginning of the year at an average yield of 4.233%. <br />I am happy to answer any questions regarding the City’s finances and this report. <br /> <br /> <br />Coupon Amount Percentage <br />To 1.00% 3,393,815.00 25.71% <br />1.01% to 1.50% 245,000.00 1.86% <br />1.51% to 2.00% 364,915.60 2.76% <br />2.01% to 2.50% - 0.00% <br />2.51% to 3.50% 1,082,642.56 8.20% <br />3.51 to 5.50% 8,112,290.17 61.46% <br />Total 13,198,663.33 100.00% <br />As of September 30, 2024