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 formally commit now to not reinvest the Israel bond when it matures in December 2026.

I understand that investment decisions require planning and evaluation. But that is exactly why this commitment must be made in advance. If the county intends not to reinvest, preparation should already be happening. Waiting until November or until the bond matures creates unnecessary uncertainty around a $5 million public investment.

The advisory board has already recommended not reinvesting, and the bond has received multiple credit rating downgrades.

Please record my request that the Treasurer publicly commit now to allowing the bond to mature without reinvestment.

Can you confirm this message will be shared directly with her?

Thank you.

Contact

Lucas County Treasurer:

Lindsay M. Webb

Call: (419) 213-4305

Email: treasurer@co.lucas.oh.us

    Email    

Template

Subject: Commit to No Reinvestment Now

Dear Treasurer Webb,

I am writing as a Lucas County resident to urge you to make a formal public commitment at the May 22 advisory meeting to not reinvest county funds into Israel bonds when the current bond matures in December 2026.

Over the past several weeks, many residents across Lucas County have contacted your office to express concern about this investment and to ask for transparency and accountability regarding how public funds are managed. As an elected official entrusted with stewarding county resources, you have a responsibility to meaningfully engage with the concerns of the constituents you serve.

Residents are not asking for an immediate liquidation of the bond. We are asking for a clear commitment that the county will allow the bond to mature without reinvestment and begin preparing alternative investment strategies now.

We understand your office has suggested there are legal and procedural limitations surrounding this issue. However, residents are aware that the Treasurer does have the authority to determine whether or not the county reinvests once the bond matures. Choosing not to reinvest is within the county’s power.

Your own advisory board has already recommended against reinvestment. The bond has also received multiple credit rating downgrades and generated significant public concern. Continuing to delay a commitment despite growing constituent outreach only deepens public frustration and uncertainty around this investment.

The May 22 meeting is an opportunity to demonstrate transparency, accountability, and responsiveness to the community.

I respectfully urge you to publicly commit at the upcoming meeting to allowing the bond to mature without reinvestment and to begin the process of identifying alternative investments that better reflect the priorities and trust of Lucas County residents.

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