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Totrll Irrdivirlurll <br /> ~O7'IfOr10 ISStrel' <br />Tytle of.Iitstl'rrtneitt Mrrxir111rrrt Mrrx~)ntrrn <br />A1, United States Treasury 100% 100% <br /> <br />A2, United States Agency 100% 50% <br />B. Govertttnant Suonsored 7S% 35% <br />Euterpz•ises ~GSEI <br />C. State & Local Govertunent 30% 10% <br /> <br />D. Corporate Debt Instruments and, 30% 10% <br />Conmiercial Paper <br />El , Bank DeUOSit 50% 25% <br />E2, Certificates of Deposit ~0% 10% <br /> <br />F, Local Governtnent Xnvestment 50°/a 25% <br />Pools <br />G. Florida PRIME 25% 25% <br />H. Money Market Mutual Funds 50% 20% <br /> <br />I. ReUUrchase Agreements 50% 25% <br />V~. )Euternal Controls <br />The Finance Director is responsible for establishing and maintaining an internal <br />control struchue designed to ensure that the assets of the City are protected from <br />loss, theft or misuse, Details of the internal control system shall be documented <br />in an investment procedures manual and shall be reviewed an updated aimually. <br />The internal controls structure shall be designed to provide reasonable assurance <br />that these objectives are met. The concept of reasonable assurance recognizes <br />that the cost of a control should not exceed the benefits likely to be derived and <br />that the valuation of costs and benefits z•equires estimates and judgement by <br />tnanagenlent. <br />10 <br />