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Residents urge Palm Beach County to stop reinvesting Israel bonds; county officials defend returns and legal constraints
Summary
Dozens of residents urged the commission not to reinvest maturing Israel bonds and questioned the county’s large holdings; county officials said the investments produced substantial interest but clarified many funds are restricted and cannot be redeployed to general programs.
A large contingent of residents at the Palm Beach County commission meeting urged officials not to reinvest maturing Israel bonds and raised legal and ethical objections to the county’s investment practices.
Several speakers during the matters‑by‑the‑public period said the county has invested roughly $700 million to $1 billion in Israel bonds and called for a pause on future purchases and a legal review. "When these, public funds are being invested this way, our county becomes…
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