Madison County Treasurer Chris Slusser Reports Record Gains In Investment Portfolio
EDWARDSVILLE — Treasurer Chris Slusser reported to Madison County officials Wednesday on the explosive growth of its investments. “We are on pace for record returns on county investments,” Slusser said. “We are projecting $9.7 million in investment income this year, up from a previous record of $5.1mil last year.” Slusser presented an investment report at the Madison County Board Meeting last week, showing the increase in investment income. From 2011 to 2016 the county earned an average of $747,000 annually, Slusser said. “We took over in 2017, and since that time, we’ve averaged $4.41 million per year,” he said. “That’s a $31 million increase in the past 6+ years.” Slusser said he used his 15 years of investment experience to overhaul the county’s portfolio since taking office in late December 2016. “We focused on increasing income by diversifying the portfolio and actively managing the funds,”
stLouIST