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CITY OF ROSEVILLE, MINNESOTA <br />NOTES TO FINANCIAL STATEMENTS <br />December 31, 2021 <br />investment policy does not further address this risk, but the City typically limits its exposure by <br />purchasing insured or registered investments, or by the control of who holds the securities. <br />Concentration risk Concentration of credit risk is the risk of loss that may be attributed to the <br />limit the concentration ofinvestments. At December 31, 2021,the City held6% with New York <br />Transit Authority and 7% with New York NY G.O. <br />Interest rate risk Interest rate risk is the risk that changes in interest rates will adversely affect <br />the fair value of an investment. Generally, the longer the maturity of an investment, the greater <br />the sensitivity of its fair value to changes in market interest rates. <br />does not address interest rate risk. The City holds all investments to maturity. <br />B.Receivables <br />Governmental funds report deferred inflows of resources in connection with receivables for <br />revenues that are not considered available to liquidate liabilities of the current period. Governmental <br />funds also defer recognition in connection with resources that are not yet available. At the end of <br />the current fiscal year, the various components of deferred inflows reported in the governmental <br />funds were as follows: <br />Unavailable <br />Unavailable revenue due from other governments (Street Construction) $ 78,860 <br />Unavailable revenue due from other governments (Revolving Improvements) 128,577 <br />Delinquent property taxes (General) 179,364 <br />Delinquent property taxes (Telecommunicationsl) 628 <br />Delinquent property taxes (Information Technology) 1,885 <br />Delinquent property taxes (Recreation)36,005 <br />Delinquent property taxes (Debt service)27,827 <br />Delinquent property taxes (Revolving Improvements) 38,712 <br />Delinquent property taxes (Street Construction) 13,449 <br />Delinquent property taxes (EDA) 5,406 <br />Special assessments not yet due (G.O. Improvement Bonds) 75,385 <br />Special assessments not yet due (Street Construction) 1,282,471 <br />Total deferred inflows for governmental funds$ 1,868,569 <br />Significant receivable balances not expected to be collected within one year of December 31, 2021 <br />are as follows: <br />53 <br /> <br />