Membership: Strength in numbers.

From the beginning the IMTA was established for the benefit of smaller municipalities. But the size of the communities has proven not to be a criterion for interest in membership. From cities like Peoria, Tinley Park and Springfield to Small towns such as Hainesville, Villa Grove and Louisville, the IMTA has built its strength.

All members have traditionally one thing in common--the desire to better serve their communities by lifting the office of the treasurer towards a high standard of efficiency and commitment. One of the most important attributes belonging to membership is the friendly and fraternal feelings that have been inspired among its members.

Following is a sample of the growth in membership experienced by the IMTA since it's inception:

1973    17 members
1978    86 members
1982    179 members
1986    238 members
1998    278 members
1999    287 members
2000    304 members
2001    320 members
2004    353 members
2005    360 members (north 189, central 92, south 71, out of state 8)
2006    334 members (north 179, central 79, south 69, out of state 7)
2010    269 governmental members (north 135, central 73, south 61)
2012    207 governmental members (north 107, central 58, south 42)

EDUCATIONAL SEMINARS: Our #1 reason for being

First, and foremost, we have conducted educational seminars for treasurers and financial officers of all municipalities. This has been done on both statewide and regional basis. These seminars include one-day workshops, two and three-day conferences, and also the Illinois Municipal Treasurers Institute which is a four day affair leading to certification as an Illinois municipal treasurer, and at the national level.

The range of topics covered at the seminars include current legislative and professional issues, budgeting, bonding, motor fuel taxes, audit control, investments, police and fire pension administration, economic development, grants, home rule, and interest rates, just to name a few. The topics have been as many and varied as our membership. These seminars have been provided since our inception.

THE ILLINOIS FUNDS

"The Illinois Funds"   previously known as The Illinois Public Treasurer's Investment Pool, was established by the IMTA with the help of the State Treasurer, Alan Dixon.   Mr. Dixon deserves much of the credit in the successful development of this statewide pool.

The "The Illinois Funds" is designed as a convenient means of investing short term funds held by municipalities, it provides for investment of municipal funds for as short as one day. The Illinois Funds  interest rate, because of the amounts of pooled funds, are the best available on a daily basis.  Interest is computed and reinvested daily.  The Illinois Funds continues to be administered by Illinois State Treasurer Michael Frerichs. This pool has grown to more than three billion dollars in assets and over 1700 members.

REGIONALIZATION: Bringing the Association to You!

The division of our state into regions was first discussed in 1979 as a means of cutting travel costs of seminar participants. Because of the large area covered by our State, it was believed that meetings on a  regional basis would provide a more convenient service to Illinois treasurers.

The state was divided into four regions: the Chicago area, and the Northern, Central, and Southern regions. The Southern region was the first to organize, when it held a seminar and business in Mt. Vernon in 1983.  By 1984, all regions outside the Chicago area had organized and held seminars.  The regions continue to meet periodically.