AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

Intergovernmental and Economic Impact Committee · 2026-07-15 · resolution

This legislative matter concerns a resolution to amend the Miami-Dade County Investment Policy. The proposed changes include modifying the composition of authorized investments, removing the requirement for Board approval before investing in the Local Government Surplus Fund Trust Fund, and updating references to clarify the roles of the County Clerk and Comptroller. The amendments are intended to align the policy with changes in Florida Statutes and to adjust investment percentage thresholds in consultation with the County's investment advisor, Hilltop Securities Inc., to ensure liquidity, minimize market exposure, and preserve principal. The resolution also updates references due to the County's transition to independent constitutional county offices. The matter is currently in committee.