Indiana Treasurer celebrates record-breaking fiscal year for TrustINdiana

The Indiana Treasurer of State’s Office today announced major milestones for TrustINdiana, the state’s investment program for local units of government. In Fiscal Year 2025, TrustINdiana generated more than $166.4 million in interest earnings, benefiting counties, municipalities, school corporations, townships and other public entities across Indiana.

“TrustINdiana is one of the most effective tools we offer to strengthen local government finances without raising taxes on hardworking Hoosiers,” said Indiana State Treasurer Daniel Elliott. “This program ensures taxpayer dollars are not only protected, but also put to work—earning competitive returns through responsible, short-term investing.”

Established by the Indiana General Assembly in 2007, TrustINdiana pools public funds into a professionally managed portfolio of high-quality, short-term investments with an emphasis on safety, liquidity, and yield. The program continues to be a reliable option for public finance officials seeking stability and service they can trust.

Fiscal Year 2025 Highlights:

• $166+ million in interest earnings for participants
• 88 new accounts added, bringing the total number of participant accounts to over 700
• Reached a new milestone with $3.8 billion in total assets under management
• Delivered training sessions on responsible investing across the state

Throughout the year, the TrustINdiana team engaged directly with leaders across Indiana—attending board meetings, listening to community needs and offering guidance on investment best practices.

“As the Indiana Treasurer’s Office continues to travel the state providing training and resources to our local government, TrustINdiana remains a trusted partner—delivering safe, efficient investment solutions that help maximize the impact of public funds,” said Cindy Barger, Executive Director of TrustINdiana.

About TrustINdiana
TrustINdiana is an investment program operated by the Indiana Treasurer of State, offering secure, efficient investment options for Indiana’s public funds. Since its inception in 2007, the program has helped local governments across the state generate millions in interest earnings while safeguarding taxpayer dollars.

For more information about the program or to become a participant, visit www.trustindiana.in.gov.