OUTSOURCING OR SELLING COUNTY DEBT

Board of County Commissioners · 2026-07-21 · report

Miami-Dade County is considering the feasibility of outsourcing or selling a portion of its outstanding debt, specifically about $41 million (8%) of the total $525 million outstanding as of July 29, 2025. The debt includes non-citation debts like emergency medical services and utility billing, and citation-related debt. The County Mayor's office recommends selling only a portion to generate cash flow, with specific criteria to minimize risk. The report highlights that selling citation-related debt is not recommended due to compliance requirements and potential negative impact on constituents. Concerns include HIPAA compliance for ambulance billing, potential legal risks under FDCPA and FCCPA if outsourced, loss of direct constituent assistance, and the potential impact on funding streams for departments. The County has prior experience with outside collection agencies, with some providers still active in the market. The report is a response to a resolution adopted on July 16, 2025, and is pending BCC assignment.