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<br />8e
<br />Page 68
<br />
<br />As of June 30, 2006, the City had the following cash and investments and maturities:
<br />
<br />Demand Accounts at Banks
<br />
<br />Certificates of Deposit
<br />
<br />Petty Cash
<br />U.S. Government Agency Securities:
<br />
<br />Federal Home Loan Bank
<br />Federal National Mortgage Association
<br />U.S. Treasury Securities
<br />Corporate Notes
<br />County of San Mateo Investment Pool
<br />~alifornia Lo~al Agency Investment Fund
<br />TOTAL
<br />-~..-
<br />
<br />___ Investlllent Maturitllfts lin vearsL___._
<br />
<br />Fair Value
<br />$
<br />
<br />(836,493)
<br />2,500,000
<br />12,211
<br />
<br />1-2 Years
<br />$
<br />
<br />2-3 Years
<br />$
<br />
<br />1 Year or Less
<br />$
<br />
<br />(836,493)
<br />2,500,000
<br />12,211
<br />
<br />22,770,940
<br />56,092,920
<br />2,952,540
<br />1,000,100 1,000,100
<br />19,340,680 19,340,680
<br />20,015,673 ?Q!Q:L!?&Z.~
<br />12_~.&~_~~~5,69~,201
<br />
<br />5,882,820
<br />17,561,760
<br />
<br />2,985,000
<br />8,771,250
<br />2,952,540
<br />
<br />13,903,120
<br />29,759,910
<br />
<br />23,444,580
<br />
<br />14,708,7~0___
<br />
<br />Under the provisions of the City's Investment Policy, and in accordance with California
<br />Government Code, the following investments are authorized:
<br />
<br /> Maximum Maximum
<br /> Maximum Percentage of Investment in
<br />____~thorized_!!:1yes.!l!Jent Type Maturity Portfolio One Issuer
<br />-----.---
<br />Certificates of Deposit 1 year 7.50% $3Million
<br />Banker's acceptances 1 80 days No limit $3Miliion
<br />Treasury Bills, Notes and Bonds 3 years No limit No limit
<br />Government Agency Securities 3 years No limit No limit
<br />Commercial Paper 1 5 days No limit $1 Million
<br />Local Agency Investment Fund N/A No limit $40Million
<br />Passbook Savings Accounts 1 year $100,000 $100,000
<br />San Mateo County Pool N/A No limit $40Million
<br />Money Market/Mutual Funds N/A 10% No limit
<br />Corporate Notes 3 years No limit $5Million
<br />
<br />A-6
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