AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

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

This legislative item, File Number 252453, was a resolution to amend the Miami-Dade County Investment Policy. The proposed changes aimed to modify the composition of certain authorized investments to align with recent changes in Florida State Law (specifically section 218.415, Florida Statutes) and to update certain references due to the county's transition to independent constitutional county offices. The policy previously required bonds backed by the full faith and credit of the government of Israel to have an 'A' rating or above, but the state law amendment allows for investment in both rated and unrated bonds. The item was introduced on 12/15/2025 and was ultimately withdrawn. It was discussed in the Intergovernmental and Economic Impact Committee, where it was deferred multiple times before being withdrawn. A substituted version of this resolution can be found in Legislative File No. 261175.