FY24 Adopted Budget

FY 2023 Projected

FY 2024 Estimate

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

FY 2020

FY 2021

FY 2022

First Quarter

2.32% 2.11% 1.76% 1.21%

0.74% 0.62% 0.12% 0.08%

0.06% 0.07% 0.21% 0.61%

0.80% 1.00% 1.25% 1.25%

1.30% 1.30% 1.35% 1.35%

Second Quarter Third Quarter Fourth Quarter

FY 2023 Projected

FY 2024 Estimate

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

FY 2020

FY 2021

FY 2022

First Quarter

-0.12% -0.08% 0.13% 0.12%

0.16% -0.03% 0.35% 0.31%

0.26% 0.25% 0.15% -0.14%

0.00% 0.20% 0.15% 0.15%

0.15% 0.15% 0.15% 0.15%

Second Quarter Third Quarter Fourth Quarter

Amt Quaterly Return is higher (lower) than U.S Treasury Bill

0.40%

0.30%

0.20%

0.10%

0.00%

FY 2020 FY 2021 FY 2022

FY 2023 Projected

FY 2024 Estimate

-0.10%

-0.20%

First Quarter

Second Quarter

Third Quarter

Fourth Quarter

91