b"City of Dover Tuscarawas County, Ohio Notes to the Basic Financial Statements For the Year Ended December 31, 2019 Interim deposits are deposits of interim monies. Interim monies are those monies which are not needed for immediate use but which will be needed before the end of the current period of designation of depositories.Interim deposits must be evidenced by time certificates of deposit maturing not more than one year from the date of deposit or by savings or deposit accounts, including passbook accounts. ProtectionoftheCitysdepositsisprovidedbytheFederalDepositInsuranceCorporation(FDIC),by eligiblesecuritiespledgedbythefinancialinstitutionassecurityforrepayment,orbythefinancial institutionsparticipationintheOhioPooledCollateralSystem(OPCS),acollateralpoolofeligible securities deposited with a qualified trustee and pledged to the Treasurer of State to secure the repayment of all public monies deposited in the financial institution.Interim monies held by the City can be deposited or invested in the following securities:1.United States Treasury bills, bonds, notes, or any other obligation or security issued by the United States Treasury, or any other obligation guaranteed as to principal and interest by the United States;2.Bonds,notes,debentures,oranyotherobligationsorsecuritiesissuedbyanyfederal governmentagencyorinstrumentality,including,butnotlimitedto,FederalNational Mortgage Association, Federal Home Loan Bank, Federal Farm Credit Bank, Federal Home Loan Mortgage Corporation, and Government National Mortgage Association.All federal agencysecuritiesshallbedirectissuancesoffederalgovernmentagenciesor instrumentalities;3.No-load money market mutual funds consisting exclusively of obligations described in (1) or (2) and repurchase agreements secured by such obligations, provided that investments in securities described in this division are made only through eligible institutions;4.Time certificates of deposit or savings or deposit accounts including, but not limited to, passbook accounts;5.Bonds and other obligations of the State of Ohio, and, with certain limitations including a requirementformaturitywithintenyearsfromthedateofsettlement,bondsandother obligations of political subdivisions of the State of Ohio, if training requirements have been met;6.The State Treasurer's investment pool (STAR Ohio);7.Certainbankersacceptances(foraperiodnottoexceedonehundredeightydays)and commercial paper notes (for a period not to exceed two hundred seventy days) in an amount not to exceed 40 percent of the interim monies available for investment at any one time if training requirements have been met; and8.Written repurchase agreements in the securities described in (1) or (2) provided the market value of the securities subject to the repurchase agreement must exceed the principal value of the agreement by at least two percent and be marked to market daily, and the term of the agreement must not exceed thirty days.- 44 44 -"