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NOTE Z — DEPOSITS AND INVESTMENTS (CONTINUED.) <br />Concentration Risk - This is the risk associated with investing a significant portion of the City's <br />i0estments .(considered 5.0 percent or snore) in the securities of a single issuer,, excli4ding <br />IJ.S. guat�anteed investments (such as. treasuries), investment pools, and mutual ftttlds. 'The City's <br />investment policy states that no more than 5.0 percent of the overall portfolio may: be invested in the <br />securities of a single issuer; except for the securities of the United States government, or an external <br />investment pool. The Mlo-wing is a List .of investments, wluch individually comprise .more than <br />5.0 percent•ofthe City"s-total investments: <br />Goldman Sachs Bank <br />7.z% <br />Hartford County, CT <br />12.7%. <br />Federal Home Loan. Mortgage Corporation: <br />!btadison Borough, NI <br />18. 3 <br />New York. State Dormitory Attoorityr <br />12.,1 % <br />Texas. Exchange Bank <br />.20.7% <br />New York .Cit ? Transit <br />Interest Rate Risk L This is the. risk of.pbieniial. .val•i6bility in the fair -value of fixed rate investments <br />resulting from changes in interest rates. (the longer the. period for which ail interest rate is fixed, the <br />greater the risk). The City's investment policy does not further: Address interest rate risk. <br />NOTE.3 — COITAL ASSETS <br />Capital.asset.activity for the year ended .December 31, 2024 was as follows: <br />A. Changes -in Capita Assets Used in Governmental Activities <br />Capital assets, not depreciated <br />Land <br />Coustntction in progress <br />Total capital assets, not dcprdeiated. <br />Capital assets, depreciated <br />Buildings <br />office equiptnent <br />Infastructure <br />Total capital assets; ilepicciated <br />Less -accumulated dcpnciation for <br />Buildings <br />Office equipment <br />Infrastructure <br />Taal accumulated depreciation <br />'Ncucapi(al assets, depreciated <br />Ma capital assets <br />Balance — Transfers and <br />13cgimting comp lct¢d Balance • <br />of Ycar Additions Deletions. Construction End of Year <br />S 2.500 S — S — S — S 2.500 <br />31.290. — — _ QUO) <br />33,790 — (31.280) 2,500' <br />907.712 6.54.1 — — 914.253 <br />19.203 46.961; (2.439) 31,280 9i n0S <br />1.9.16,834 — -- 1;916,854 <br />2,843.769 33;302 (2,439.) 31,290 2.926.11.2 <br />.(362..1.69). <br />(22390) _- <br />— (384;559) <br />(17178>). <br />(C728) 1.918 <br />— (20:595.) <br />(8.95.674.) <br />(85,051.) _ <br />__ j980:7251 <br />(1.275.628) <br />(112,169) 1,918 <br />— (1.385.879) <br />1.568.141. (594667) 020 31.380 1.5- 40:233. <br />S 1.601,921 S (38,667) S (521) S - $ 1..342,733: <br />-27- <br />