2016-2020_Financial_Plan_Web

Major Revenue Sources

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%).

2016-2020 FINANCIAL PLAN

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