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NOTE 2 — DEPOSITS AND INVESTMENTS (CONTINUED) <br />Interest rate risk — This is the risk of potential variability in the fair value of fixed rate investments <br />resulting from changes in interest rates (the longer the period for which an interest rate is fixed, the <br />greater the risk). The City does not have an investment policy limiting the duration of investments. <br />NOTE 3 — INTERFUND RECEIVABLES, PAYABLES, AND TRANSFERS <br />A. Short -Term Interfund Receivables/Payables <br />Individual interfund due from and to other funds at year-end were as follows: <br />Receivable Fund <br />Nomnajor Governmental Fund <br />Economic Development Authority <br />Special Revenue Fund <br />Nomnajor Governmental Fund <br />State -Aid Construction <br />Capital Project Fund <br />Payable Fund <br />Major Governmental Fund <br />Tax Increment <br />Special Revenue Fund <br />Nomnajor Governmental Fund <br />2012 Riverdale Drive <br />Capital Project Fund <br />These internal loans were utilized for cash flow purposes. <br />B. Advances To and From Other Funds <br />Individual interfund advances to and from other funds at year-end were as follows: <br />Receivable Fund <br />Major Proprietary Fund; Sewer <br />Utility <br />Major Proprietary Fund; Water <br />Utility <br />Major Proprietary Fund; Sewer <br />Utility <br />Major Proprietary Fund; Water <br />Utility <br />Payable Fund <br />General Fund <br />Major Special Revenue Fund; <br />COR Land <br />Major Special Revenue Fund; <br />COR Land <br />Major Capital Project Fund; <br />Public Facilities Constriction <br />Fund <br />Amount <br />$ 701,928 <br />886,135 <br />886,135 <br />479,491 <br />$ 2,953,689 <br />Amount <br />$ 19,872 <br />86,056 <br />$ 105,928 <br />Purpose <br />Internally finance facility loan <br />Internally finance development <br />land purchase <br />Internally finance development <br />land purchase <br />Internally finance facility loan <br />72 <br />