In Illinois, what is the main function of the Treasurer?

The primary function of the Treasurer in Illinois is to manage the state’s funds and investments. This role involves overseeing the collection, custody, and disbursement of state funds while ensuring that the state’s investments are secure and yield favorable returns. The Treasurer is responsible for maintaining financial stability and liquidity in state finances, which includes managing the cash flow and ensuring that funds are available for government operations.

Collecting taxes is typically under the purview of the Department of Revenue rather than the Treasurer. The oversight of public education funding involves coordination with various education departments and is not solely the responsibility of the Treasurer. Appointing the State's Attorney is a function reserved for the Governor or other designated officials and does not fall under the Treasurer's duties. Understanding these distinctions clarifies the essential responsibilities held by the Treasurer in managing Illinois' finances.