OUTSOURCING OR SELLING COUNTY DEBT

Board of County Commissioners · 2026-07-21 · report

This is a legislative report to the Miami-Dade Board of County Commissioners on the feasibility of outsourcing or selling County debt, in response to Resolution R-785-25. The report recommends the Board consider selling a portion, not the totality, of the outstanding debt portfolio to generate cash flow. As of July 29, 2025, the outstanding debt for County Departments was about $525 million, of which almost $41 million gross (8%) was identified as potentially eligible for sale to third-party collection agencies or receivables buyers. The report recommends against selling the other 92% due to compliance components, HIPAA data protection, potential legal risks under the Fair Debt Collection Practices Act (FDCPA), and the loss of ability to personally assist constituents. The report was accepted by the Board on July 21, 2026. No specific street address, parcel, acreage, or construction project is stated.