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INFORMATION 01-22-2013
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INFORMATION 01-22-2013
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1/18/2013 9:45:59 AM
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City Government
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date
11/13/2012
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INFORMATION <br />Our primary reserve account is our 4M Fund which is a money market account where many <br />cities pool their funds. It currently yields .02% with daily withdrawal privileges. We are <br />currently maintaining a higher liquidity position as we just received our second half tax <br />settlement. This will position the city well when interest rates start to rise. The city strives to <br />maintain a strong diversification portfolio so liquidity and exposure risk are reduced. <br />P0WIHE``0 0 <br />�AYV <br />
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