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Indian River County, Florida <br />Notes To Financial Statements <br />Year Ended September 30, 2010 <br />NOTE 4 - CASH AND CASH EQUIVALENTS - Continued <br />C. Investments - Continued <br />As of September 30, 2010, the County had the following investments: <br />Weighted <br />Average <br />Maturity <br />Portfolio <br />Credit <br />Investment Type <br />Fair Value <br />InYears <br />Percentage <br />Risks <br />Fixed Rate Debt Instruments: <br />U.S. Treasuries <br />$ 53,081,837 <br />0.97 <br />18.12 % <br />N/A <br />U.S. Agencies:** <br />Federal Farm Credit Bureau <br />35,318,202 <br />1.53 <br />12.06 <br />AAA <br />Federal Home Loan Bank <br />42,153,036 <br />1.33 <br />14.39 <br />AAA <br />Federal Home Loan Mortgage <br />42,056,848 <br />1.07 <br />14.36 <br />AAA <br />Federal National Mortgage Assoc. <br />56,067,956 <br />0.93 <br />19.14 <br />AAA <br />Other Fixed Rate Investments: <br />Florida Prime (Formerly Fund A) <br />115,800 <br />0.08 <br />0.04 <br />AAAm <br />Fund B Surplus Funds Trust Fund <br />652,174 <br />7.49 <br />0.21 <br />Not Rated <br />Florida Local Government <br />AAAf and <br />Investment Trust Fund <br />9,466,618 <br />0.08 <br />3.23 <br />S-1* <br />Other Market Rate Investments: <br />Regions Bank Money Market <br />13,038,942 <br />0.08 <br />4.45 <br />N/A <br />Suntrust Bank NOW Account <br />13,544,608 <br />0.08 <br />4.62 <br />N/A <br />Dreyfus Gov't Cash Fund <br />1,493,714 <br />0.08 <br />0.51 <br />Aaa <br />Morgan Stanley Gov't Securities <br />1,013,688 <br />0.08 <br />0.35 <br />Aaa <br />Florida Trust Day to Day Fund <br />19,035,616 <br />0.08 <br />6.50 <br />AAAm <br />Certificate of Deposit <br />250,000 <br />0.50 <br />0.09 <br />N/A <br />Certificate of Deposit <br />250,000 <br />1.00 <br />0.09 <br />N/A <br />Fidelity American US Treas. Fund <br />3,064 <br />0.08 <br />0.00 <br />AAA <br />W&S Sinking Fund Reserve: <br />Treasury Bill <br />2,698,271 <br />0.21 <br />0.92 <br />N/A <br />Federal Home Loan Bank <br />2,681,104 <br />1.15 <br />0.92 <br />AAA <br />Fidelity Institutional Money Market <br />4,613 <br />0.08 <br />0.00 <br />Aaa <br />Total Fair Value <br />$ 292,926,091 <br />100.00 % <br />0.93 <br />* AAAf credit quality, S-1 Market Volatility <br />** The weighted calculation considers the investments are carried until full maturity <br />(i.e. call dates are not considered). <br />61 <br />