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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.
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]
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.
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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]
Detroit Mayor Mike Duggan speaks during a news conference about the launch of Round 2 of Detroit's Down Payment Assistance Program at Three Mile-Munich Park in Detroit's Morningside neighborhood ...
Michael Edward Duggan (born July 15, 1958) [1] is an American lawyer, businessman, and politician serving as the 75th mayor of Detroit, Michigan since 2014. An Independent, Duggan previously served as the Wayne County Prosecutor from 2001 to 2004, and as the deputy county executive of Wayne County from 1987 to 2001.