Lucas County: Do Not Reinvest in Israel Bond

Lucas County currently holds a $5,000,000 Israel bond, the only foreign government bond in the county’s investment portfolio. That bond is set to mature in December 2026.

The bond has received multiple credit rating downgrades and the Treasurer’s advisory board has recommended not reinvesting when the bond matures.

Now is the time for residents to speak up and ensure public funds are managed responsibly and in alignment with community priorities.

Take action today: Contact the Lucas County Treasurer and ask her not to reinvest the Israel bond.

Call Script

Hello, my name is [Name], and I’m a Lucas County resident.

I’m calling to ask Treasurer Webb to follow the advisory board’s recommendation and not reinvest the Israel bond when it matures in December 2026.

This investment is the only foreign government bond in the county’s portfolio, and it has received multiple credit rating downgrades. That raises both financial and fiduciary concerns. Many residents also have serious concerns about keeping county funds tied to this bond.

I’m asking the Treasurer to let the bond mature without reinvesting and to prioritize investments that reflect prudent risk management and community trust.

Could you please record my message and confirm it will be shared directly with the Treasurer?

Thank you for your time.

Contact

Lucas County Treasurer:

Lindsay M. Webb

Call: (419) 213-4305

Email: treasurer@co.lucas.oh.us

    Email    

Template

Subject: Public Commitment Needed: Do Not Reinvest in Israel Bond

Dear Treasurer Webb,

I am writing as a Lucas County resident to urge you to place the Israel bond reinvestment issue on the agenda for your February 20 meeting and to make a formal public commitment at that meeting not to reinvest when the bond matures in December 2026.

Your advisory board has already recommended against reinvestment. That guidance, combined with recent credit rating downgrades and the broader fiduciary responsibility attached to county funds, makes this a matter that deserves open discussion and a clear decision now, not later.

Many constituents are also concerned that this is a foreign government bond and the only one of its kind in the county’s portfolio. Public dollars require careful stewardship and transparency. Residents deserve to know that their concerns are being heard and taken seriously.

I respectfully ask that you:

  • Ensure this issue is discussed at the February 20 meeting

  • Listen directly to constituent concerns

  • Make a formal commitment on the record not to reinvest in this bond at maturity

Clear action and communication would demonstrate responsiveness, fiscal prudence, and respect for the people you serve.

Thank you for your time and public service. I would appreciate a response from your office.

Sincerely,

[Your Name]
[City/ZIP]
[Phone]

Upcoming Lucas County Investment Advisory Commitee Meetings

Join us to pack the room and demand formal commitment to not invest. Here is the schedule of upcoming meetings:

  • Friday, February 20, 2026 at 11am

  • Friday, May 22, 2026 at 11am

  • Friday, August 21, 2026 at 11am

  • Friday, November 20,  2026 at 11am

Meetings are held at:

One Government Center, 1st Floor

Toledo, OH 43604