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CITY OF RAMSEY <br />Notes to Financial Statements (continued) <br />December 31, 2000 <br />NOTE 2 - DEPOSITS AND INVESTMENTS (CONTINUED) <br />The certificates of deposit included in investments are negotiable and can be traded in a secondary market. <br />Cash and investment balances at December 31, 2000 are as follows: <br />Custodial Credit Risk Category Carrying Fair <br />1 2 Value Value <br />U.S. government securities $ 16,722,710 $ - $ - $ 16,722,710 $ 16,722,710 <br />Certificates of deposit 752.000 - - 752.000 752.000 <br />$ 17,474,710 $ - $ - 17,474,710 17,474,710 <br />Investment pools <br />Unclassified <br />4M Liquid Asset Fund 15.075 15.075 <br />Total investments 17,489,785 $ 17,489,785 <br />Deposits 5,476,338 <br />Cash on hand 225 <br />Total cash and investments $ 22,966,348 <br />Cash is comprised of the following <br />Cash and temporary investments $ 22,336,002 <br />Cash and investments held by trustee 630.346 <br />The 4M Liquid Asset Fund is an external investment pool not registered with the Securities Exchange <br />Commission (SEC) that follows the same regulatory rules of the SEC under rule 2a7. The fair value of the <br />position in the pool is the same as the value of the pool shares. <br />$ 22,966,348 <br />