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 identifying approximately $41 million (8%) of the total $525 million outstanding debt as potentially suitable for sale to third-party collection agencies or receivables buyers. The report, initiated by Resolution R-785-25, analyzes the types of debt, potential buyers, and financial implications. The recommendation is to sell only a portion of the debt, excluding citation-related debt and debt with compliance components or requiring personal assistance to constituents, due to legal risks (FDCPA, FCCPA), data privacy concerns (HIPAA), and the loss of internal collection capabilities. The County has prior experience with outside collection agencies, with a list of potential providers provided. The report is pending Board of County Commissioners (BCC) assignment and was introduced on 6/15/2026, with an agenda date of 7/21/2026.