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<br /> All of the CDs that City holds are under $250,000 and are FDIC insured. There is one CD at RCU
<br />that is collateralized, as per the City’s investment policy. All current investments are within the
<br />City’s Investment Policy.
<br />
<br />Since the City’s cash and investments are needed for cash flow in its 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. Note that the table below does
<br />not include MM and Checking 4M balances noted above.
<br />
<br />
<br />
<br />Type Amount Percentage
<br />MM $1,188,616.47 6.49%
<br />CD $13,425,099.60 73.34%
<br />Treasury $334,592.23 1.83%
<br />Municipal $702,804.30 3.84%
<br />Checking 4M $2,655,440.11 14.51%
<br />Total $18,305,929.41 100.00%
<br />Total
<br />2026 2027 2028 2029 2030
<br />January 1 - - 589,000.00 490,000.00 - 1,079,000.00
<br />March 2 399,000.00 480,000.00 440,000.00 736,085.84 - 2,055,085.84
<br />March 3 885,964.53 730,000.00 245,000.00 739,000.00 - 2,596,779.53
<br />April 4 245,000.00 445,000.00 200,000.00 - 245,000.00 1,135,000.00
<br />May 5 245,000.00 400,000.00 285,000.00 - - 930,000.00
<br />June 6 - - - - - -
<br />July 7 735,000.00 210,000.00 210,000.00 - - 1,155,000.00
<br />August 8 978,000.00 220,000.00 250,000.00 1,165,364.90 245,000.00 2,858,364.90
<br />December 9 240,000.00 490,000.00 245,000.00 - - 972,642.56
<br />October 10 - 245,000.00 - - - 245,000.00
<br />November 11 220,000.00 240,000.00 245,000.00 - - 705,000.00
<br />December 12 480,000.00 - - 250,000.00 - 730,000.00
<br />4,427,964.53 3,460,000.00 2,709,000.00 3,380,450.74 490,000.00 14,461,872.83
<br />15,650,489.30
<br />1,188,616.47 MM
<br />Investments Maturity by Year and Month
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