Illinois State Treasurer Frerichs' Investment Returns in CY 2023 Greater Than Gaming, Lottery and Cannabis
April 18, 2024
April 18, 2024
SPRINGFIELD, Illinois, April 18 -- The Illinois State Treasurer issued the following news release on April 17, 2024:
Illinois State Treasurer Michael Frerichs' office made a record $1.33 billion in investment earnings for the state portfolio in calendar year 2023, eclipsing revenue collected from gaming, the lottery and cannabis sales, he told a Senate Appropriations Committee today.
"Every dollar we make in investment returns is a dollar you do not have to raise i . . .
Illinois State Treasurer Michael Frerichs' office made a record $1.33 billion in investment earnings for the state portfolio in calendar year 2023, eclipsing revenue collected from gaming, the lottery and cannabis sales, he told a Senate Appropriations Committee today.
"Every dollar we make in investment returns is a dollar you do not have to raise i . . .