Illinois State Investment Earnings

Another $882 million for cities and school districts through Illinois Funds The State Treasurer’s Office made $1.5 billion in investment earnings from the state investment portfolio during 2025, 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. “We are trying to maximize earnings for our state at a time when President Trump is illegally yanking away federal money from Illinois to…

Surpasses $3 billion earned for cities, schools through Illinois Funds Illinois Treasurer Michael Frerichs announced today that he has generated more than $5 billion in investment earnings from the state portfolio during his tenure. With one month to go in the state’s Fiscal Year 2025, investment earnings are up 6.07% compared with the same 11 months of Fiscal Year 2024. “Every dollar we earn in interest for the people of Illinois is a dollar that lawmakers don’t have to raise…