AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

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

This legislative matter concerns 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 recent 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 policy will also be updated to reflect the County's transition to independent constitutional county offices. The resolution is currently in committee.