BOISE - Idaho State Treasurer Julie A. Ellsworth reports the interest earnings for Fiscal Year 2024 exceeded a total of $535 million dollars.

Each year, the Treasurer’s office invests the monies of state and local governments, and the interest earned from those investments is returned to the taxpayers. These dollars are used to help cover the cost of government and reduce the burden on taxpayers.

“My office is committed to providing exceptional service by ensuring optimal returns for the taxpayers of Idaho, while focusing on safety and liquidity. I believe $535 million in interest earnings reflects our skill and dedication,” said Treasurer Ellsworth.

The Diversified Bond Fund distributed earnings over $52 million, while the Local Government Investment Pool distributed over $233 million. In addition to these earnings, the Idle Investment Pool for state agencies distributed over $249 million, totaling over $535 million earnings distributed.

Idaho’s sound investment policies are established by the Treasurer’s Investment Advisory Board and in accordance with Idaho code.