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Comprehensive Annual Financial Report 12/31/2009
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Comprehensive Annual Financial Report 12/31/2009
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Comprehensive Annual Financial Report
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12/31/2009
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CITY OF LINO LAKES, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2009 <br />Note 2 DEPOSITS AND INVESTMENTS (CONTINUED) <br />Concentration of Credit Risk <br />The City places no limit on the amount that it may invest in any one issuer. The following is a list of <br />investments which individually comprise more than 5% of the City's total investments: <br />Type Amount Percentage <br />Federal Home Loan Bank $ 2,525,832 28.42% <br />Federal Home Loan Mortgage Corporation 1,591,014 17.90% <br />Federal National Mortgage Association 1,252,098 14.09% <br />Minnesota Municipal Money Market Trust Fund 2,158,304 24.29% <br />45 <br />
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