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MEMORANDUM <br /> DATE: January 19 , 1982 <br /> TO: Dave Childs , City Manager <br /> Mayor and Councilmen <br /> FROM: Carol B. Johnson, Finance Director <br /> SUBJECT: Investments - 1981 <br /> --------------------------------------------------------------------- <br /> As of December 31, 1981, the City has investments as follows : <br /> Merrill, Lynch firm-U.S. Treasury Bills $ 601 ,282 .97 <br /> First Bank Security-C.D. 250 , 000 . 00 <br /> Midwest Federal Savings & Loan Association 450 ,000 .00 <br /> Twin City Federal Savings &- Loan Association 250 ,000 .00 <br /> Total Investments $1 ,551 ,282 .97 <br /> Interest earned for the year 1981. . . . . . . . . . . . . . . . . . . . $ 165 ,372 . 50 <br /> Interest earned for the year 1980 . . . . . . . . . . . . . . . . . . . . $ 150 , 218. 37 <br /> Interest earned for the year 1979 . . . . . . . . . . . . . . . . . . . . $ 136 ,055 .00 <br /> 1981 <br /> • December 31 , 1981 Cash Balance . $ ( 33 ,775 . 26) <br /> Funds Invested 1 , 551 ,282 . 97 <br /> $1 , 517 , 507 . 71 <br /> As of December 31, 1981 - 102 . 230 of the City ' s funds were invested . <br /> 1980 <br /> December 31 , 1980 Cash Balance $ 11 , 106 . 08 <br /> Funds Invested 1 ,731 ,282 .97 <br /> $1 ,742 , 389 .05 <br /> As of December 31 , 1980 - 99 . 360 of the City ' s funds were invested. <br /> 1979 <br /> December 31 , 1979 Cash Balance $ 56 ,761. 00 <br /> Funds Invested 1 ,654 ,747 . 00 <br /> $1 ,711 , 508 . 00 <br /> As of December 31 , 1979 - 96 . 680 of the City ' s funds were invested. <br />