FY2022

Strategic Plan Goal: Department Goal:

Invest in Public Infrastructute, Facilities, and Fiscal Reserves

FY 2018 FY 2019 FY 2020 FY 2021 Projected 0.98% 1.86% 2.21% 1.25% 0.55% 1.11% 2.19% 2.03% 1.00% 0.50% 1.45% 2.38% 1.90% 0.75% 0.45% 1.66% 2.35% 1.34% 0.60% 0.45% FY 2018 FY 2019 FY 2020 FY 2021 Projected 0.87% 1.87% 2.32% 1.25% 0.55% 1.07% 2.15% 2.11% 1.00% 0.50% 1.33% 2.33% 1.76% 0.75% 0.45% 1.59% 2.39% 1.21% 0.60% 0.45% FY 2022 Estimate The City of Iowa City’s investment objectives are safety, liquidity and yield. The primary objective of the City of Iowa City’s investment activities is the preservation of capital and the protection of investment principal. In investing public funds, the City’s cash management portfolio is designed with the objective of regularly exceeding the average return on the six month U.S. Treasury Bill. The Treasury Bill is considered a benchmark for riskless investment transactions and therefore comprises a minimum standard for the portfolio’s rate of return. FY 2022 Estimate

Department Objective:

Performance Measures:

Quarterly Return on Investment

First Quarter

Second Quarter Third Quarter Fourth Quarter

Rolling Average Return on the Six Month U.S. Treasury Bill (prior 365 days)

First Quarter

Second Quarter Third Quarter Fourth Quarter

Amount Quarterly Return is higher (lower) than U.S. Treasury Bill

FY 2022 Estimate

FY 2018 FY 2019 FY 2020 FY 2021 Projected 0.11% -0.01% -0.12% 0.00% 0.00% 0.03% 0.05% -0.08% 0.00% 0.00% 0.12% 0.05% 0.13% 0.00% 0.00% 0.07% -0.04% 0.12% 0.00% 0.00%

First Quarter

Second Quarter Third Quarter Fourth Quarter

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