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CITY OF RAMSEY, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 1993
<br />Note 2. DEPOSITS AND INVESTMENTS (Continued)
<br />B. Investments (continued)
<br />Investment balances at December 31, 1993, are as follows:
<br />Custodial Credit Risk Category Carrying Market
<br />1 2 3 Value Value
<br />U.S. Government &
<br />Federal Agency
<br />Securities $ 10,037,920 $ - $ 904,362 $ 10,942,282 $ 10,841,650
<br />Certificates of
<br />Deposit (Through
<br />Counterparty) $ 2,197,153 $ - $ - $ 2,197,153 $ 2,178,179
<br />Commercial Paper &
<br />Discount Notes $ 2,697,627 $ - $ - $ 2,697,627 $ 2,704,694
<br />Total $ 14,932,700 $ - $ 904,362 $ 15,837,062 $ 15,724,523
<br />Investment Pools
<br />Unclassified
<br />U.S. Government
<br />Security
<br />Investment Pools 101,395 100,774
<br />Held by Deferred
<br />Compensation
<br />Trustees 565,367 565,367
<br />Total Investments
<br />Total deposits
<br />Petty cash fund
<br />Total Cash and
<br />Investments
<br />16,503,824 16,390,664
<br />116, 938
<br />100
<br />16, 620, 862
<br />Cash and investments are reported on the City's Combined Balance Sheet as
<br />follows:
<br />Cash and
<br />Investments
<br />Cash and Investments
<br />Held by Trustee
<br />$ 16,620,862
<br />2,709,258
<br />$ 13, 911, 604
<br />Note 3. INDIVIDUAL FUND DISCLOSURES
<br />A. Fund Deficits
<br />The following funds have a deficit balance at December 31, 1993:
<br />Special Revenue Funds -
<br />Community Development Block Grants
<br />-20-
<br />(6,269)
<br />
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