AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

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

Miami-Dade County is amending its Investment Policy. The 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. These amendments align the policy with recent changes in Florida Statutes regarding investments in bonds backed by the government of Israel and adjust percentage thresholds for various investments to ensure liquidity, minimize market exposure, and preserve principal. The policy is administered by the County Clerk and Comptroller. The Intergovernmental and Economic Impact Committee forwarded this item to the Board of County Commissioners (BCC) with a favorable recommendation on 7/15/2026. The Agenda Date for the BCC is 9/1/2026.