Illinois State Treasurer’s Office News Releases
Treasurer Frerichs Eclipses $5 Billion in Investment Earnings for State Portfolio
Illinois Treasurer Michael Frerichs announced today that he has generated more than $5 billion in investment earnings from the state portfolio during his tenure. With one month to go in the state’s Fiscal Year 2025, investment earnings are up 6.07% compared with the same 11 months of Fiscal Year 2024. “Every dollar we earn in interest for the people of Illinois is a dollar that lawmakers don’t have to raise in taxes,” Frerichs said. “We are trying to maximize earnings for our state at a time when the Trump administration…
