Illinois State Treasurer’s Office News Releases

SPRINGFIELD — The state treasurer’s office returned a record-setting $155 million in forgotten cash and stock this past fiscal year, Illinois Treasurer Michael Frerichs said today. It is the largest amount in the program’s 55-year history. More than 53,000 claims were fulfilled despite the budget impasse because unclaimed property funds are not encumbered by the state’s general revenue spending. The state’s fiscal year is July 1 to June 30. “I meet many people who are surprised to see their names on our unclaimed property list,” Frerichs said. “Checking the list…

SPRINGFIELD — Our state faces many challenges. Today, we took a step toward addressing some of them. A stopgap budget is not ideal, but it’s a step in the right direction. We must continue to compromise and build upon this agreement so that our workers have opportunities, employers have confidence, and students have promising futures. Only by working together and finding common ground can we avoid hurting more people and create solutions that respect the diverse needs of our state. About the Illinois Treasurer The Illinois Treasurer is the state’s…