
Treasurer Frerichs Makes $1.45 Billion In Investment Earnings on State Portfolio
$750 million earned for local government through Illinois Funds The State Treasurer’s Office made $1.45 billion in investment earnings from the state investment portfolio during Fiscal Year 2026, Illinois Treasurer Michael Frerichs announced today. Treasurer Frerichs is the state’s Chief Investment and Banking Officer. He is responsible for investing state revenue in the state investment portfolio. “Every dollar we earn in interest for the people of Illinois is a dollar that lawmakers don’t have to raise in taxes or cut…




