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10.03 2019 Annual Financial Report
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10.03 2019 Annual Financial Report
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Cash Flow Anal.� <br /> The City's cash balance at the end of 2019 equates to $8,821,864. The following chart illustrates <br /> the various investments the City utilizes for these funds. <br /> 2019 I nvestments <br /> � <br /> 37% 33�� <br /> Z9o� <br /> *Checking �° Money Market CDs Asset Portfolio <br /> The Accounting and Reporting Policy requires the City to commit fund balance in the general <br /> fund of up to 50%of the following year's general fund budgeted expenditures for cash flow <br /> purposes. The following chart illustrates this designation for a five year period. <br /> Cash Flow Designation <br /> ■°ro <br /> 70 69 <br /> 60 <br /> 55 <br /> 2019 2018 2017 2016 2015 <br /> Page 6 of 8 <br />
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