Illinois State Treasurer’s Office News Releases

SPRINGFIELD — The State Treasurer’s Office has made more than $1.2 billion in investment earnings from the state investment portfolio in 2023, Illinois Treasurer Michael Frerichs announced today. That amount includes the $115 million earned in November. Another $891 million in gross investment earnings was earned for cities, villages, school districts, counties and other units of government that take part in the highly rated Illinois Funds local government investment pool operated by the State Treasurer’s Office. That amount includes $86.6 million earned in November. “Every dollar we make through smart,…

SPRINGFIELD — Illinois State Treasurer Michael Frerichs congratulates Rep. Mike Marron, R-Fithian, on concluding his tenure in the Illinois House of Representatives and wishes him well in his new career as president and CEO of Vermilion Advantage. “I have enjoyed working with Representative Marron during his time in the General Assembly, as I did with Representatives Black and Hays before him. Like them, he tried to be a problem solver,” said Frerichs, who served in the state Senate before becoming State Treasurer. “I’m proud that he and I have been…

SPRINGFIELD — The Illinois State Treasurer’s Office returned nearly $47 million in missing money during November, Illinois State Treasurer Michael Frerichs announced today. The total includes more than $45.9 million in cash and interest and more than $1 million in stock value. All told, 81,906 claims were paid in November. “Returning missing money is even more special during the holiday season,” Frerichs said. “Putting money into people’s hands will help them during the holidays and make the season a little brighter.” Illinois’ missing money program — also known as I-CASH…