Palm Beach County is once again expanding its financial ties with Israel
By Wilkine Brutus
October 23, 2025 at 4:51 PM EDT
Palm Beach County is expanding its financial ties with Israel once again.
County commissioners voted six to zero Oct. 21 to temporarily raise the cap on investments in Israeli government-backed bonds from 15 to 18 percent of the county’s portfolio.
That change will stay in place until late February, when the limit goes back down to 15 percent.
It accounts for a quarter of all Israel Bonds sold globally since the start of the war in Gaza, according to an April 30, 2024 report by the Jewish Telegraphic Agency (JTA).
Palm Beach is the world’s largest local government investor in Israel Bonds, with over $700 million invested since the Hamas attack two years ago.
READ MORE: S. Florida activist group wants Miami-Dade to divest its $151 million Israeli bonds. County didn't act
This is a News In Brief report. Visit WLRN News for in-depth reporting from South Florida and Florida news.
County commissioners voted six to zero Oct. 21 to temporarily raise the cap on investments in Israeli government-backed bonds from 15 to 18 percent of the county’s portfolio.
That change will stay in place until late February, when the limit goes back down to 15 percent.
It accounts for a quarter of all Israel Bonds sold globally since the start of the war in Gaza, according to an April 30, 2024 report by the Jewish Telegraphic Agency (JTA).
Palm Beach is the world’s largest local government investor in Israel Bonds, with over $700 million invested since the Hamas attack two years ago.
READ MORE: S. Florida activist group wants Miami-Dade to divest its $151 million Israeli bonds. County didn't act
This is a News In Brief report. Visit WLRN News for in-depth reporting from South Florida and Florida news.