Illinois State Treasurer’s Office News Releases

SPRINGFIELD — “The Supreme Court turned its back on common sense today,” Illinois State Treasurer Michael Frerichs said in response to the court’s 5-4 decision in Janus vs. AFSCME. “Individuals who receive a service should pay for that service. The court ignored this basic concept to craft a legal argument for the sole purpose of undermining unions in the public sector,” Frerichs said. “The fair share solution protected the rights of everyone. Workers who did not want to become a member of the union only paid for the services they…

DEKALB — DeKalb County Community Gardens is among 20 non-profit organizations to share more than $400,000 as recipients of the Charitable Trust Stabilization Fund, Illinois State Treasurer Michael Frerichs said today. The fund assists small non-profits with annual budgets of $1 million or less. Money comes from filing fees non-profits pay when incorporating in the state of Illinois, not personal or property tax dollars. Although authorized in 2007, no grant money had ever been issued until Frerichs revitalized the program in 2017. In 2011, the legislature transferred the authority to…

Chatham Resident Hayden Schumer Wins Public Vote to Design Illinois’ Bicentennial Medallion SPRINGFIELD – Illinois State Treasurer Michael Frerichs today announced Hayden Schumer of Chatham, Il., as the winner of the Bicentennial Coin Contest. The design was one of five finalists voted on by the public. The winning design will be minted in silver on one side of the coin and distributed to commemorate the Illinois Bicentennial. The back of the coin will feature the state seal. “Congratulations to Hayden Schumer on winning the bicentennial coin contest,” Frerichs said. “Thanks…