2023 Courtenay Annual Report

The Corporation of the City of Courtenay

Consolidated Schedule Of Investments - Schedule 5 For the year ended December 31, 2023

2023

2022

CASH ON HAND General Fund

$27,892,728

$34,816,708

Gaming Fund

1,920,043

1,685,532

Total Cash on Hand

$29,812,771

$36,502,240

TERM DEPOSITS AND POOLED FUNDS Municipal Finance Authority, Money Market Fund at fluctuating rate, no maturity date

$26,123,436 10,421,221 15,000,000 10,000,000

$15,332,338 $21,527,940

Guaranteed Investment Certificates

Municipal Finance Authority, Pooled Government Focused Ultra-Short Bond

- -

Municipal Finance Authority, Pooled BC Fossil Fuel Free Bond

Total Term Deposits and Pooled Funds

61,544,657

36,860,278

TOTAL CASH AND INVESTMENTS

$91,357,428

73,362,518

109

City of Courtenay | 2023 Annual Report