AMENDING THE MIAMI-DADE COUNTY INVESTMENT POLICY

Board of County Commissioners · 2026-09-01 · Resolution

The document is a legislative matter for Miami-Dade County, File Number 261175, a Resolution (R-761-26) amending the Miami-Dade County Investment Policy. It was introduced on 6/26/2026, and the final action was on 9/1/2026, where it was adopted. The amendment modifies the composition of certain authorized investments, removes a provision requiring board approval before investing in the Local Government Surplus Fund Trust Fund, and updates references to clarify the role of the County Clerk and Comptroller. The change aligns the policy with recent amendments to section 218.415, Florida Statutes, allowing investment in both rated and unrated bonds backed by the full faith and credit of the government of Israel, and adjusts percentage thresholds in consultation with Hilltop Securities Inc. The sponsor is Sen. Rene Garcia. The Intergovernmental and Economic Impact Committee forwarded it to the Board of County Commissioners with a favorable recommendation on 7/15/2026. No specific project, site, or construction work is described.