Over $566M earned for Idahoans
Idaho State Treasurer Julie A. Ellsworth reported the interest earnings for fiscal year 2025 exceeded a total of $566 million.
Each year, the treasurer’s office invests the monies of state and local governments. The interest earned from those investments returns to the taxpayers. The money helps cover the cost of government and reduces the taxpayer burden.
“My office is dedicated to delivering outstanding service by prioritizing strong returns for Idaho taxpayers, while maintaining a focus on safety and liquidity," Ellsworth said in a Tuesday news release. "I believe the $566 million in interest earnings is a testament to our expertise and commitment."
The Diversified Bond Fund distributed earnings over $59 million, while the Local Government Investment Pool distributed over $252 million. In addition to these earnings, the Idle Investment Pool for state agencies distributed over $253 million, totaling over $566 million earnings distributed.
Idaho’s investment policies are established by the Treasurer’s Investment Advisory Board in accordance with Idaho Code.