b'City of Dover Tuscarawas County, Ohio Notes to the Basic Financial Statements For the Year Ended December 31, 2019 Investments in stripped principal or interest obligations, reverse repurchase agreements and derivatives are prohibited.The issuance of taxable notes for the purpose of arbitrage, the use of leverage and short selling are also prohibited.Investments may only be made through specified dealers and institutions.Payment for investments may be made only upon delivery of the securities representing the investments to the treasurer or, if the securities are not represented by a certificate, upon receipt of confirmation of transfer from the custodian.InvestmentsAs of December 31, 2019, the City had investments in STAR Ohio in the amount of $12,235,940 with an average maturity of 55.7 days.The City measures its investment in STAR Ohio at the net asset value (NAV) per share provided by STAR Ohio.Interest Rate RiskThe City has no investment policy that addresses interest rate risk.State statute requires that an investment mature within five years from the date of purchase, unless matched to a specific obligation or debt of the City, and that an investment must be purchased with the expectation that it will be held to maturity.Credit RiskOhio law requires that STAROhio maintain the highest rating provided by at least one nationally recognized standard rating service.The City has no investment policy that would further limit its investment choices. Concentration of Credit RiskThe City places no limit on the amount it may invest in any one issuer. Note 7ReceivablesReceivablesatDecember31,2019,consistedprimarilyofmunicipalincometaxes,propertytaxes, intergovernmentalreceivablesarisingfromentitlementsandsharedrevenues,andaccounts(billingsfor utility service).Property taxes, although ultimately collectible, include some portion of delinquencies that will not be collected within one year.All allowances for uncollectibles represent estimates of uncollectible receivables in the accounts receivable classification. Accounts Allowance for Net AccountsReceivable Uncollectibles ReceivableGovernmental Activities $155,705 $0 $155,705Business-Type Activities 4,130,518 279,827 3,850,691 Property TaxesPropertytaxesincludeamountsleviedagainstallrealandpublicutilitypropertylocatedintheCity.Property tax revenue received during 2019 for real and public utility property taxes represents collections of the 2018 taxes.2019 real property taxes are levied after October 1, 2019, on the assessed value as of January 1, 2019, the lien date.Assessed values are established by State law at 35 percent of appraised market value.2019 real property taxes are collected in and intended to finance 2020.- 45 45 -'