2016-2020_Financial_Plan

Major Revenue Sources

2016-2020 FINANCIAL PLAN

Money Market Portfolio

Surrey’s Money Market Portfolio is comprised of investments that will mature within one

year. This portfolio represents 55% of the City’s investments. Cash holdings account for

2% of the portfolio.

Intermediate Portfolio

The intermediate portfolio is comprised of investments with a term greater than one

year and less than two years. This portfolio represents 13% of the City’s investments.

Bond Portfolio

The bond portfolio is comprised of investments with a term greater than two years and

less than ten years. This portfolio represents 30% of the City’s investments.

Portfolio Mix

The City’s investment portfolio consists of securities purchased from Canadian Schedule

1 Banks (50%), Canadian Provinces and Provincial institutions (6%), British Columbia

Credit Unions (41%), Cash Holdings (2%), and Canadian Schedule 2 Banks (1%).