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i <br /> In accordance with the Florida Statutes, the County adopted <br /> investment policies which guides the investment of County <br /> funds. These policies establish investment objectives, <br /> maturity and liquidity requirements, portfolio composition, { <br /> risk and diversification requirements, and authorized <br /> investments. The primary objectives of investment activities <br /> are to preserve capital and maintain sufficient liquidity to <br /> meet anticipated cash flow needs. � , <br /> t <br /> The Clerk invests the surplus funds in accordance with the <br /> policy guidelines and earned $1.7 million in interest income <br /> in fiscal year 2015. As of September 30, 2015, the County's <br /> investment portfolio was invested in the categories listed in <br /> the chart below. The fair market value of the investments <br /> was $289 million and the weighted average maturity was <br /> 0.71 years. <br /> Fellsmere water tower <br /> Photo courtesy oflndianRiverByAir.com <br /> U.S.Treasuries $104,150,113 36.05% t <br /> U.S.Agencies 87,477,535 30.26% <br /> lot <br /> Money Market 68,766,619 23.79% <br /> Certificates of Deposit(CD) 16,593,038 5.74% <br /> Florida Local Government 11,984,722 4.15%' <br /> Investment Trust Fund(FLGIT) <br /> Other Market Rate Investments 26,3444 ,01% <br /> '{5 � �' ) <br /> g ! J���� <br /> CDs, 5.74% ' FLGIT,4.15% �fOther,0.01% <br /> Investment Balances -In Millions as of September 30 <br /> $443.3 <br /> $379.0 <br /> $301.6 $279.7 $292.9 $300.3 $285.7 $284.4 $284.3 $289.0 <br /> 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 <br /> 18 <br />