2018

Treasurer Frerichs and Comptroller Mendoza Launch New Bill Backlog Program Taxpayers $70 Million Annually CHICAGO — A new investment vehicle allows the state treasurer’s office to provide money to the state comptroller’s office so it can chip away at the $7.7 billion bill backlog exacerbated during Illinois’ budget stalemate while increasing returns to the state’s own investment portfolio. The Investing in State Receivables Program, for the first time, allows the state treasurer’s office to invest in these past-due bills after striking an agreement with the state comptroller’s office that uses…

New, Commonsense Approach Uses Technology to Identify Sole Owners of $2,000 or Less in Cash Approximate Value in Cook County: $6,885,020 CHICAGO — The new ‘Money Match’ program will automatically return lost money to Illinois residents without the usual need to gather paperwork or file a claim, Illinois State Treasurer Michael Frerichs said today. The ‘Money Match’ program uses existing technology and state records to match unclaimed cash with qualifying Illinois taxpayers. The property must be $2,000 or less in cash with only one owner. The goal is to return…

New, Commonsense Approach Uses Technology to Identify Sole Owners of $2,000 or Less in Cash Approximate Value in Jackson, Williamson Counties: $79,646 MURPHYSBORO — The new ‘Money Match’ program will automatically return lost money to Illinois residents without the usual need to gather paperwork or file a claim, Illinois State Treasurer Michael Frerichs said today. The ‘Money Match’ program uses existing technology and state records to match unclaimed cash with qualifying Illinois taxpayers. The property must be $2,000 or less in cash with only one owner. The goal is to…

New, Commonsense Approach Uses Technology to Identify Sole Owners of $2,000 or Less in Cash Approximate Value in Madison, St. Clair Counties: $358,560 EAST ST. LOUIS — The new ‘Money Match’ program will automatically return lost money to Illinois residents without the usual need to gather paperwork or file a claim, Illinois State Treasurer Michael Frerichs said today. The ‘Money Match’ program uses existing technology and state records to match unclaimed cash with qualifying Illinois taxpayers. The property must be $2,000 or less in cash with only one owner. The…

New, Commonsense Approach Uses Technology to Identify Sole Owners of $2,000 or Less in Cash Approximate Value in Peoria County: $131,884 PEORIA — The new ‘Money Match’ program will automatically return lost money to Illinois residents without the usual need to gather paperwork or file a claim, Illinois State Treasurer Michael Frerichs said today. The ‘Money Match’ program uses existing technology and state records to match unclaimed cash with qualifying Illinois taxpayers. The property must be $2,000 or less in cash with only one owner. The goal is to return…