6
Portfolio Composition & Compliance – Compliance Report Portfolio complied with all legal & policy limitations throughout the reporting period of 12/31/24 through 3/31/25
o Investment holdings above minimum credit ratings. o Investment concentrations below required limits. o Conformed to maturity limitations.
Maturity Limits
Longest Maturity
Policy Limit (# of years)
Compliance
(# of years)
With Investment Policy
Account Types Bond Service Accounts Unrestricted (General) * Unrestricted (M&O)
0.24 4.88
1 5
Yes Yes Yes
14.13
15
* Investment Policy permits maturities to 15 years, longer if approved by CFO. Maturity Limits measured on Settlement Date basis.
Compliance
Market
Investment Policy Limit
With Investment
Credit Ratings
S&P
Moody's
Market Value ($)
% of Total
Policy
Cash
28,377,615
2.6%
Money Market Mutual Funds - Goldman Sachs Financial Square Gov't FGTXX
AAAm AAAm AAAm
Aaa-mf
6,002,918
0.6% 50% 44.7% 50% 0.0% 50%
Yes Yes Yes
- MLGIP
NR
483,320,090
- Dreyfus Gov't Cash DGCXX
Aaa-mf
327,923
Sub-Total Money Market Mutual Funds
489,650,931
45.3% 100%
Yes
U.S.Treasuries **
233,587,947.95
21.6% 100%
Yes
AA+
Aaa
Federal Agencies ** - Fannie Mae
AA+ AA+ AA+ AA+
Aaa Aaa Aaa Aaa
11,727,480 60,453,594 22,079,228
1.1% 50% 5.6% 50% 2.0% 50% 0.1% 50%
Yes Yes Yes Yes
- Federal Farm Credit Bank - Federal Home Loan Bank
- Freddie Mac
687,192
Sub-Total Federal Agencies
94,947,494
8.8% 100%
Yes
** Includes defeased municipals with government securities escrows.
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