Medium PriorityTaxes Budgetopen
Triple-B Bond Investment Ordinance Change
Summary
Counsel advised that Florida law requires a city ordinance change before the fund can invest in triple-B rated bonds, even though the police and general employees plans already have such changes. The board authorized drafting the ordinance to potentially boost returns.
At a glance
- Total mentions
- 1
- Last 30 days
- 1
Discussed at 1 meeting in the last 60 days; most recently Oct 21, 2026.
Impact analysis
💰Financial impact
Allowing triple-B bonds could modestly increase fixed-income returns.
✅Who benefits
Fund members through potentially higher fixed-income returns.
Mentions & discussions (1)
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