Major Revenue Sources
2017-2021 FINANCIAL PLAN
Money Market Portfolio
Surrey’s Money Market Portfolio is comprised of investments that will mature within one
year. This portfolio represents 40% of the City’s investments. Cash holdings account for
4% 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 23% 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 33% of the City’s investments.
Portfolio Mix
The City’s investment portfolio consists of securities purchased from Canadian Schedule
1 Banks (46%), Canadian Provinces and Provincial institutions (12%), British Columbia
Credit Unions (37%), Cash Holdings (4%), and Canadian Schedule 2 Banks (1%).
Source: City of Surrey Finance Department
37.2%
11.8%
45.3%
1.3%
4.4%
City of Surrey Investments by Category
December 31, 2016
Credit Unions
Provinces
Schedule I Banks
Schedule II Banks
Bank Balane
72