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Illinois Treasurer Frerichs Announces State Investment Earnings Up 11 Percent

Summary by RiverBender.com
SPRINGFIELD - Illinois State Treasurer Michael Frerichs today announced that investment earnings on the state portfolio are up more than 11% as state government faces tough budgeting decisions this spring. Investment earnings stand at $803.8 billion for the first six months of Fiscal Year 2025, up from $723.2 billion the first six months of Fiscal Year 2024. That’s an increase of $80.65 million. “This is money that doesn’t have to be raised in t…

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Illinois Treasurer Frerichs Announces State Investment Earnings Up 11 Percent

SPRINGFIELD - Illinois State Treasurer Michael Frerichs today announced that investment earnings on the state portfolio are up more than 11% as state government faces tough budgeting decisions this spring. Investment earnings stand at $803.8 billion for the first six months of Fiscal Year 2025, up from $723.2 billion the first six months of Fiscal Year 2024. That’s an increase of $80.65 million. “This is money that doesn’t have to be raised in t…

·Alton, United States
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RiverBender.com broke the news in Alton, United States on Wednesday, February 19, 2025.
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