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CITY OF ELK RIVER, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />DECEMBER 31, 2014
<br />Note 3: DETAILED NOTES ON ALL FUNDS - CONTINUED
<br />As of December 31, 2014, the city had the following investments that are insured or registered, or securities held by the
<br />city or its agent in the city's name.
<br />Credit
<br />Quality/
<br />Types of Investments Ratings (1)
<br />Pooled investments:
<br />Minnesota Municipal Money Market Fund
<br />Broker Money Markets
<br />Total pooled investments
<br />Non- pooled investments:
<br />U.S. Government Securities
<br />Total U.S. Government Securities
<br />U.S. Treasury Securities
<br />Total U.S. Treasury Securities
<br />Municipal Securities
<br />Total Municipal Securities
<br />Negotiable CD's
<br />Total negotiable CD's
<br />Total non - pooled investments
<br />Total investments
<br />Deposits
<br />Cash on hand
<br />Total cash and investments
<br />Segmented
<br />Time
<br />Distribution (2)
<br />N/A
<br />Less than 6 months
<br />N/A
<br />Less than 6 months
<br />AA
<br />I to 5 years
<br />AA
<br />More than 5 years
<br />AAA
<br />Less than 6 months
<br />AAA
<br />1 to 5 years
<br />N/A
<br />Less than 6 months
<br />6 to 12 months
<br />I to 5 years
<br />More than 5 years
<br />1 to 5 years
<br />More than 5 years
<br />Less than 6 months
<br />6 to 12 months
<br />1 to 5 years
<br />More than 5 years
<br />Fair Value
<br />and
<br />Carrying
<br />Amount
<br />$ 1490695696
<br />1,413,722
<br />15,483,418
<br />5,548,573
<br />21,219,642
<br />26,768,215
<br />109,027
<br />133,232
<br />242,259
<br />380,437
<br />250,630
<br />1,153,999
<br />1,544,755
<br />1,709,026
<br />1,046,697
<br />6,085,544
<br />1,026,289
<br />1,406,855
<br />8,298,123
<br />469.934
<br />11,201,201
<br />44,297,219
<br />59,780,637
<br />13,851,336
<br />4,655
<br />$ 73,636,628
<br />(1) Ratings are provided by various credit rating agencies where applicable to indicate associated credit risk.
<br />(2) Interest rate risk is disclosed using the segmented time distribution method.
<br />N/A Indicates not applicable.
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