Demand Franklin County Not Reinvest in Risky and Unethical Israel Bonds
Franklin County Treasurer, Cheryl Brooks Sullivan

Why This Matters
Financial Risks: The top 3 global credit rating agencies, Moody’s, S&P and Fitch all downgraded Israel’s long-term sovereign credit rating and have issued a negative outlook. Israel’s economy is under immense strain from rising debt, inflation, and geopolitical instability, making Israel Bonds a risky and fiscally irresponsible choice for Franklin County. The Ohio Revised Code allows Franklin County to invest up to 2% of its portfolio in Israel bonds, BUT it doesn’t have to. The County has many other investment options with a higher return that the funds invested in Israel bonds could be moved to.
Ethical Concerns: Investments in Israel Bonds directly support a country that has been found to be in violation of international law, including the occupation of Palestinian territories and forced displacement. Franklin County’s diverse and inclusive community deserves investments that reflect justice, equity, and human rights. The people of Franklin County want an investment policy which has clear established guidelines that ensure all investments made by the county prioritize good financial investments, human rights, and community well-being.
This issue extends beyond the immediate concern of the February 1, 2025 re-investment. Franklin County must take a fiscally responsible long-term approach to ensure its financial strategies reflect the values and priorities of its residents.
Sign this petition today to demand responsible and ethical investment decisions for Franklin County. Together, we hold our leaders accountable and create a stronger, more equitable future for our community.
Sponsored by JVP Central Ohio, AMP Columbus, Columbus DSA, CPUSA
To:
Franklin County Treasurer, Cheryl Brooks Sullivan
From:
[Your Name]
We, the undersigned residents of Franklin County, Ohio, urge the Franklin County Investment Advisory Committee, Treasurer Cheryl Brooks Sullivan, and the Board of Commissioners to immediately halt all future investments in Israel Bonds and commit to not reinvesting any of the $33 million currently invested in these bonds. The issue is urgent, starting with the $5 million in bonds that are set to mature on February 1, 2025.