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The Treasurer is charged by Article V, Section 18 of the Illinois Constitution with the safekeeping and investment of the monies and securities deposited into the state treasury. [3] As such, the Treasurer is not the chief financial officer of Illinois. That role is occupied by a separate elected official, the Comptroller.
He subsequently ran for and was elected Detroit City Treasurer in 1935. [1] As treasurer he helped keep tax-delinquent Detroiters in their homes through a seven-year tax payment plan. The move helped endear him to voters, and, after seven terms as treasurer, he was elected mayor in 1949. [4]
The Illinois Department of Revenue (IDOR) is the code department [1] [2] of the Illinois state government that collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distribution of alcoholic beverages throughout Illinois, including beer, wine, and liquor. [3]
Democrat Michael Frerichs is seeking a 3rd term as Illinois Treasurer. He will be challenged by five-time state representative Republican Tom Demmer. Illinois treasurer candidates differ on role ...
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The treasurer must file regular reports with the president of the Cook County Board of Commissioners providing summary of the financial status of their office. [1] The treasurer also, per state law, oversees the process of refunding overpayment of taxes. [1] As of 2022, the salary paid to the elected Cook County Treasurer is $115,500. [4]
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In 1919, he took the step to elected office, being twice elected mayor of Detroit. [71] Couzens resigned on December 5, 1922, after being appointed as the United States Senator for Michigan, replacing the disgraced Truman H. Newberry. [9] [71] Couzens was re-elected twice more, and served in the Senate until his death in 1936. [71]