Sarasota County, Florida Notes to Financial Statements September 30, 2023 At September 30, 2023, the County had the following investments: FLPALM, FLCLASS, FLSAFE and FLGIT hold a diversified mix of credit sectors for income generation. The funds also maintained a small to moderate allocation to A1 rated equivalent asset-backed securities (ABS/MBS) with short duration profiles for their yield and diversification benefits. FLFIT Preferred Deposit Pool (PDP) consists of Qualified Public Deposits, FDIC Insure Deposits and Government Money Market Funds. The funds investment objective is to provide current income consistent with stability of principal and maintain a net asset value of $1.00 per Share. While no assurance can be given that the portfolio Total Fair Value Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs 9/30/2023 (Level 1) (Level 2) (Level 3) Investments By Fair Value Level U.S. Treasury $ 133,767,040 133,767,040 $ $ - $ - U.S Agencies Adjustable 100,994,443 - 100,994,443 - Fixed 758,386,042 - 758,386,042 - Adjustable Mortgages 13,218,907 - 13,218,907 - Fixed Mortgages 73,955,410 - 73,955,410 - GNMA Adjustable Mortgages 37,144,898 - 37,144,898 - Fixed Mortgages 45,939,901 - 45,939,901 - Total Investments by Fair Value Level $ 1,163,406,641 133,767,040 $ $ 1,029,639,601 $ - Investments Measured At Net Asset Value (NAV) FLFIT 39,377 $ FLSAFE 10 FLGIT 557,304 FLPALM 114,933,204 FL CLASS 57,834,673 Total Investments Measured at NAV $ 173,364,569 Investments At Amortized Cost Short-term Cash 11,880,404 QPD Certificate of Deposit - Total Investments at Cost $ 11,880,404 Total Cash and Investments $ 1,348,651,614 Other information for investments measured at the NAV or its equivalent follows: Fair Value Unfunded Commitments Redemption Vrequency Redemption Notice Period Pooled/Common/Comingled Funds: FLFIT Preferred Deposit Pool 39,377 $ $ - Daily 2:00 PM EST same day FLSAFE Stable NAV 10 - Daily 1:00 PM EST same day FLGIT Day to Day 557,304 - Daily 11:00 AM EST same day FLPALM Portfolio 114,933,204 - Daily 2:00 PM EST same day FL CLASS 57,834,673 - Daily Total Investments Measured at NAV $ 173,364,569 $ - 2023 3:00 PM EST same day 98
RkJQdWJsaXNoZXIy MzM3Mjg=