Investment Portfolio

• As of 9/22, the City had $2.7 million invested in CSAFE, representing 8.9% of the $30.8 million total investment portfolio.

  • $1.2 million originally designated as liquid.
  • $1.5 million originally designated as illiquid.

• Upon receipt of notice from CSAFE, the City began withdrawing the 5% daily limit of our liquid portion.

• As of 9/30, the City had $2.4 million in CSAFE, representing 8.0% of the City’s total investment portfolio.

  • $1.5 million is designated as liquid.
  • $900,000 is designated as illiquid.

• Plan to continue 5% daily withdrawals (~$60,000).