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CITY OF RAMSEY, MINNESOTA
<br />NOTES TO FINANCIAL STATEMENTS
<br />December 31, 1995
<br />Note 2. DEPOSITS AND INVESTMENTS (continued)
<br />B. Investments (continued)
<br />Investment balances at December 31, 1995, 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 $ 12,773,086 $ $ $ 12,773,086 $ 12,709,171
<br />State & Local
<br />Government
<br />Securities 265,000 265,000 268,856
<br />Commercial Paper &
<br />Discount Notes 1,515,000 1,515,000 1,511,542
<br />Total $ 14,553,086 $ $ $ 14,553,086 $ 14,489,569
<br />Unclassified Investment
<br />Pools
<br />4 M Liquid Asset Fund 2,406,441 2,406,441
<br />Held by Deferred
<br />Compensation
<br />Trustees 746,751 746,751
<br />Total Investments
<br />Deposits
<br />Checking/Savings
<br />Certificates of Deposit
<br />Total Deposits
<br />Petty cash fund
<br />Total Cash and
<br />Investments
<br />Cash and investments are reported on the City's Combined Balance Sheet as follows:
<br />Cash and
<br />Investments $ 16,421,883
<br />Cash and Investments
<br />Held by Trustee 2,891,743
<br />$ 19,313,626
<br />$ 17,706,278 $ 17,642,761
<br />120,247
<br />1,487,001
<br />1,607,248
<br />100
<br />$ 19,313,626
<br />
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