City of Courtenay Annual Report 2021 draft

The Corporation of the City of Courtenay

Consolidated Schedule Of Investments - Schedule 5 For the year ended December 31, 2021

2021

2020

GENERAL OPERATING FUND Cash on Hand GAMING FUND

$36,173,464

$26,041,686

Cash on Hand

1,715,384

1,020,894

Total Cash on Hand and on Deposit

$37,888,848

$27,062,580

GENERAL OPERATING FUND TERM DEPOSITS Municipal Finance Authority, Money Market Fund at fluctuating rate, no maturity date

15,042,244 20,989,374

15,019,377 20,787,987

The Bank of Nova Scotia, various guaranteed investment certificates

Total Term Deposits

36,031,618

35,807,364

TOTAL CASH AND INVESTMENTS

$73,920,466

$62,869,944

77

City of Courtenay | 2021 Annual Report