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04-23-2025 Council Packet
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04-23-2025 Council Packet
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6/22/2025 5:16:06 PM
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6/18/2025 9:50:20 AM
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2,294,280.35 <br />3,754,915.60 <br />3,440,000.00 <br />2,509,000.00 2,400,450.74 <br />2025 2026 2027 2028 2029 <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% 2,066,191.70 14.35% <br />1.01% to 1.50% 245,000.00 1.70% <br />1.51% to 2.00% 117,915.60 0.82% <br />2.01% to 2.50% - 0.00% <br />2.51% to 3.50% 1,354,827.90 9.41% <br />3.51 to 5.50% 10,614,323.86 73.72% <br />Total 14,398,259.06 100.00% <br />As of September 30, 2024 <br />The City purchased ten new securities since the beginning of the year at an average yield of 4.07%. <br />I am happy to answer any questions regarding the City’s finances and this report.
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