•February 1, 2017•

The state of Illinois could have earned $8.8 million more in investment income in the fourth quarter of 2016 as a result of the year-long budget impasse, Illinois Treasurer Michael Frerichs said today.

“Following yesterday’s state of the state address, we can all agree that the state is in dire need of a full, balanced budget plan that brings fiscal stability to Illinois,” Frerichs said. “Our office continues to maximize returns on our investments, but we could be bringing in millions more in investment income with a sound budget in place.”     Login or Subscribe to read the rest of this story.