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VININ
<br />CITY OF LINO LAKES, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 1993
<br />Page 9 of 19
<br />f) Repurchase or reverse repuuchase agreements with banks that are members of the Federal Reserve
<br />System with capitalization exceeding $10,000,000; a primary reporting dealer in U.S. government
<br />securities to the Federal Reserve Bank of New York; certain Minnesota securities broker- dealers; or, a
<br />bank qualified as a depositor.
<br />Balances at December 31, 1993:
<br />Securities Type
<br />Federal National Mortgage
<br />Association
<br />Federal Home Loan Mortgage Corp
<br />Treasury Securities
<br />Federal Agriculture Mortgage,
<br />Discount Notes
<br />Federal Farm Credit Bank
<br />Commercial Paper
<br />Totals
<br />Investment pools
<br />Total investments
<br />Deposits
<br />Petty cash
<br />Totals
<br />Credit Risk Category
<br />1 2
<br />$1,168,090
<br />2,604,485
<br />842,633
<br />500,000
<br />992,249
<br />$6,107,457
<br />4
<br />Cash and investments with escrow agent
<br />Assets held by deferred compensation plan administrator
<br />3
<br />$300,000
<br />200,000
<br />355,748
<br />$0 i $855,748
<br />CarrYing
<br />Amount
<br />$1,468,090
<br />200,000
<br />2,604,485
<br />842,633
<br />500,000
<br />1,347,997
<br />6,963,205
<br />3,975,538
<br />10,938,743
<br />988,121
<br />150
<br />'$11,927,014
<br />$81,126
<br />Market
<br />Value
<br />$1,454,358
<br />200,000
<br />2,617,958
<br />846,175
<br />500,218
<br />1,347,094
<br />$6,965,803
<br />3,940,269
<br />$10,906,072 ,
<br />$280,991 $280,991
<br />The City's investments are categorized above to give an indication of the level of risk assumed at year-
<br />end. Category 1 includes investments that are insured or registered or for which the securities are held
<br />by the City or its agent in the City's name. Category 2 includes uninsured or unregistered investments
<br />for which the securities are held by the counterparty's trust department or agent in the City's name.
<br />Category 3 includes uninsured and unregistered investments for which the securities are held by the
<br />counterparty or by its trust department or agent but not in the City's name.
<br />Cash and investments with escrow agent consist of undisbursed proceeds of the Public Project Bonds of
<br />1990 which are restricted for the payment of debt associated with the City's fire station.
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