Utah State Treasurer appoints Tim Donaldson as new director of Land Trusts Protection and Advocacy Office

SALT LAKE CITY – December 3, 2020 – Utah State Treasurer David Damschen today announced the appointment of Tim Donaldson as the new director of the Land Trusts Protection and Advocacy Office. During the 2018 general session, the Legislature authorized the creation of the office to advocate for Utah trust lands beneficiaries, oversee the School and Institutional Trust Lands Administration …

Office of State Treasurer strives to reunite unclaimed property with veterans, active-duty service members

SALT LAKE CITY – November 10, 2020 – Utah State Treasurer David Damschen encourages Utahns to search for unclaimed property belonging to the veterans and active-duty service members in their lives this Veterans Day.  “Our veterans, service members and their families have sacrificed so much. Helping them find their unclaimed property is one small way we can thank them for …

Treasurer Damschen announces record-breaking $40.6 million in unclaimed cash returned to Utahns in FY2020 amid pandemic

SALT LAKE CITY – September 16, 2020 – Utah State Treasurer David Damschen today announced that the Utah Unclaimed Property Division reunited a record-breaking $40.6 million in unclaimed property with rightful owners in fiscal year 2020 (July 2019 – June 2020).   When a business owes money to an individual it cannot find, it remits those funds to the state’s …

Treasurer Damschen recognized for outstanding service to National Association of State Treasurers

SALT LAKE CITY – September 15, 2020 – The National Association of State Treasurers (NAST) recognized Utah State Treasurer David Damschen during its virtual annual meeting today with the Harlan Boyles/Edward T. Alter Distinguished Service Award. The award is presented to “a dedicated and committed public servant whose outstanding career in government has provided a respected voice for NAST at …

Treasurer Damschen, SITLA appoint new Land Trusts Protection and Advocacy Committee members

SALT LAKE CITY – August 27, 2020 – Utah State Treasurer David Damschen, the School and Institutional Trust Lands Administration (SITLA) and the Land Trusts Protection and Advocacy Office today announced the appointments of two new Land Trusts Protection and Advocacy Committee members. Treasurer Damschen has appointed Richard Ellis and the SITLA Board of Trustees has appointed Louie Cononelos to …

Utah students honored for winning The Stock Market Game and InvestWrite competitions

Treasurer David Damschen recognizes Utah students and teachers for winning statewide and nationwide financial education competitions, including ninth place national high school essay winner SALT LAKE CITY – July 8, 2020 – Utah State Treasurer David Damschen today announced the winning students and teachers of the Fall 2019 InvestWrite writing competition and the Spring 2020 Stock Market Game. One student …

Utah ‘AAA’ credit rating affirmed, state saves taxpayer dollars on infrastructure during pandemic

SALT LAKE CITY – May 18, 2020 – Utah Gov. Gary Herbert and Treasurer David Damschen today announced that S&P Global, Moody’s Investors Service and Fitch Ratings have reaffirmed Utah’s AAA credit rating – the highest rating a state can receive. The rating affirmations coincide with a legislatively authorized $447.3 million general obligation bond sale, which enables the state to …