Apparently, it is not just local municipalities that have lost money by investing in the Illinois Metropolitan Investment Fund.

The Chicago Tribune reported yesterday that the Harvard Savings Bank “lost $18 million on the soured repurchase agreement.

The article says that suburban governments will receive a share of $1.6 million, a second distribution after a first one of $2.5 million, the Tribune reports.

$50.4 million seems to be the total originally counted as lost.

Investment losses at local governments reported by the Chicago Tribune.

Meanwhile Lake in the Hills reports that it received a check for 7,129.22 last week.

The total reimbursed of the $209,609.48 lost is now $10,973.02.

Last week Algonquin received $22,073.35 as partial reimbursement from its investment loss.

That followed a check for $11,901.13 written on February 6, 2015.