AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

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

This legislative item, File Number 261175, is 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 amendment is intended to align the policy with changes in Florida Statutes regarding investments in bonds backed by the government of Israel, and to adjust investment percentage thresholds in consultation with the County's investment advisor, Hilltop Securities Inc. The resolution also addresses updates necessitated by the County's transition to independent constitutional county offices. The matter is currently in the Intergovernmental and Economic Impact Committee.