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 aligns the policy with changes in Florida Statutes regarding investments in bonds backed by the government of Israel and adjusts percentage thresholds for various investments in consultation with the County's investment advisor, Hilltop Securities Inc. The resolution was recommended favorably by the Intergovernmental and Economic Impact Committee and is pending assignment to the Board of County Commissioners (BCC).