Page 81 - 2018 Comprehensive Annual Financial Report - City of Winston-Salem

As of June 30, 2018, the City had the following investments and maturities:

Less Than 6 - 12 Over
Investment Type Value 6 Months Months 1 Year
Domestic Common Stock / ADRs $ 190,666,890 $ 190,666,890 $ - $ -
US Gov’t Treasuries 40,976,877 6,374,107 1,864,860 32,737,910
US Gov’t Agencies 59,327,744 7,196,143 14,752,532 37,379,069
Corporate Bonds 38,440,200 22,399,924 1,978,296 14,061,980
Commercial Paper 11,957,480 11,957,480 - -
Mutual Funds 133,552,229 133,552,229 - -
Money Market Funds 37,564,722 37,564,722 - -
NC Capital Management Trust
Government Portfolio 51,846,392 51,846,392 - -
Term Portfolio 108,104,341 108,104,341 - -
Total $ 672,436,875 $ 569,662,228 $ 18,595,688 $ 84,178,959

The North Carolina Capital Management Trust (NCCMT) – Government Portfolio, a SEC-registered (2a-7) external investment pool,
is measured at amortized cost, which is the NCCMT’s share price.
At June 30, 2018, the City’s investment balances measured at fair value were as follows:

Fair Value Measurements Using
Investment Type Fair Value Level 1 Inputs Level 2 Inputs
Domestic Common Stock / ADRs $ 190,666,890 $ 190,666,890 $ -
US Gov’t Treasuries 40,976,877 40,976,877 -
US Gov’t Agencies 59,327,744 - 59,327,744
Corporate Bonds 38,440,200 - 38,440,200
Commercial Paper 11,957,480 - 11,957,480
Mutual Funds 133,552,229 130,931,530 2,620,699
Money Market Funds 37,564,722 - 37,564,722
NC Capital Management Trust -
Term Portfolio 108,104,341 108,104,341 -
Total fair value investments $ 620,590,483 $ 470,679,638 $ 149,910,845

W I N S T O N S AL E M , N O R T H C AR O L I N A 75