2016

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Treasurer Frerichs Invites Public to Attend Ag Invest Roundtable Events

SPRINGFIELD — Illinois Treasurer Michael Frerichs announced today that he will host several roundtable meetings throughout the state to meet with farmers, bankers, and lenders to share details about the recent improvements to the Ag Invest Program. The roundtable events are free and open to the public. “We encourage anyone who has a vested interest in agriculture to attend a roundtable event to find out more about financing their farm operations,” Treasurer Frerichs said. “The recent changes to the Ag Invest Program provide more financial support to help Illinois farmers…

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Treasurer Frerichs to Invest More than $220 Million in Illinois Tech Start-Ups Over Next Three Years

CHICAGO — Illinois will invest more than $220 million in emerging tech companies which will create an estimated 3,600 jobs during the next three years, state Treasurer Michael Frerichs announced today. Flanked by business leaders at 1871, Frerichs said the investments will be made in technology funds with an emphasis on emerging Illinois companies. The goal is two-fold: support technology and related jobs here in Illinois and earn investment returns for state residents. Frerichs made the announcement in his role as the state’s chief investment officer. “This investment recognizes Illinois’…

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Treasurer Frerichs to Announce $220 Million Dollar

CHICAGO — Illinois State Treasurer Michael Frerichs will join some of Illinois’ top technology business leaders to announce new details about the Illinois Growth and Innovation Fund. A news conference will be held on Tuesday, January 26, at 10 a.m. at 1871 at 222 W. Merchandise Mart Plaza, Suite 1212 (12 th Floor) in Chicago. WHO: Michael Frerichs, Illinois State Treasurer Howard Tullman, CEO, 1871 Andrew Cittadine, President/CEO, Diagnostic Photonics Martin Clifford, CEO, Sittercity Mark Lawrence, CEO, SpotHero Maura O’Hara, Illinois Venture Capital Association Illinois Growth and Innovation Fund Program…

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Online Auction for Unclaimed Property

SPRINGFIELD — Commemorative coins, stamps, and jewelry are among the 11,000 items worth over $54,000 to be auctioned online January 25 – 29, Illinois Treasurer Michael Frerichs said today. “Our unclaimed property team works hard to return valuables to their rightful owners,” Frerichs said. “If the property goes unclaimed for 10 years, the items are auctioned to make room for incoming unclaimed items.” Items include US gold coins from the early 1900s; imperial Russian coins from the 1800s; an autographed photo of Bears legend Dick Butkus; and gold and silver…

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AFSCME StatementFINAL01152016

SPRINGFIELD — State Treasurer Michael Frerichs issued the following statement today on reports that the Governor’s office has declared a negotiating impasse with the American Federation of State, County and Municipal Employees (AFSCME): “It is troubling that the Governor has chosen to walk away from contract negotiations with AFSCME. Negotiations by their very nature are difficult. They require compromise. Abruptly ending negotiations is not productive and will not result in a new collective bargaining agreement that is good for our state’s fiscal health and fair to hard working public service…

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