Treasurer’s Note Newsletter

Read Treasurer’s Note for updates from Illinois Treasurer Michael Frerichs on programs, public service and financial issues affecting Illinois residents.

Aerial view of Frerichs family farm

Connectivity Creates Competitiveness

I recently read a description of an outhouse: A small building a hundred feet from your house that’s a hundred feet too far in the winter, and a hundred feet too close in the summer. This reminded me of a conversation I had with Dad a few years ago. I grew up with indoor plumbing. Every friend I knew had indoor plumbing. My father did not until he was about 8. Before then, he had to use an outhouse and…

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two boys under 3 years old on the bottom of a slide with red and green jackets

Make This Season Work for You

Illinois had one of the snowiest Decembers in some time. It also was very cold, which meant Max and Theo didn’t get to spend as much time outdoors as usual. This resulted in a little bit of cabin fever for both of them and their parents. They have a lot of toddler energy. In better weather, we spend as much time as possible outside to help them get some of that energy out. When they are stuck inside, it can…

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Graphic reading "Turning the page to 2026"

Turning the Page to 2026

Like millions of Americans, I make New Year’s resolutions. Last year, like millions of Americans, I resolved to exercise more, eat better, and lose weight. I had some work to do. The twins were born during summer 2023, and they brought us untold joy. Taking care of them also meant less sleep, more snacking and comfort foods, and no energy to work out. Bad habits formed, and pounds packed on. The good news: In 2025, I woke up early and…

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