Illinois Treasurer facts for kids
Quick facts for kids Treasurer of Illinois |
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| Term length | Four years, no term limits |
| Inaugural holder | John Thomas |
| Formation | October 2, 1818 |
| Salary | $135,669 (2016) |
The Treasurer of Illinois is an important elected official in the U.S. state of Illinois. This job was created a long time ago by the state's Constitution. Think of them as the state's main money manager! The person holding this job right now is Mike Frerichs.
What Does the Illinois Treasurer Do?
The Illinois Treasurer has a very important job: they are in charge of keeping the state's money safe! They also invest this money wisely so it can grow. This helps pay for things like schools, roads, and parks.
It's important to know that the Treasurer isn't the only person who handles state money. Another official, called the Illinois Comptroller, is the state's main financial officer. The Treasurer focuses on protecting and investing the money, while the Comptroller makes sure it's spent correctly.
A Look Back: History of Illinois Treasurers
The role of the Illinois Treasurer began way back in 1818. The very first Treasurer was John Thomas. Since then, many different people have held this important position, helping to manage Illinois's money for almost 200 years. Today, Mike Frerichs is the 74th person to serve as the Illinois Treasurer.
