News & Media

Featured

Damschen announces $40.6 million in unclaimed cash returned to Utahns

Utah State Treasurer David Damschen has 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).

National association honors Utah’s treasurer for outstanding service

SALT LAKE CITY — The National Association of State Treasurers recognized Utah Treasurer David Damschen during its virtual annual meeting Tuesday with the Harlan Boyles/Edward T. Alter Distinguished Service Award.

UTA foresees a 15% permanent ridership drop as its ‘new normal’ after COVID-19

After the COVID-19 pandemic ends and a “new normal” emerges, the Utah Transit Authority said Thursday that ridership and revenue from fares will be significantly smaller — down maybe 15% — and it may take the agency several years to work back even to that lower plateau.

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

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.

State Treasurer’s office launches webathon to reunite Utahns with forgotten money

SALT LAKE CITY — The COVID-19 pandemic has caused more than its fair share of economic upheaval, leaving many people strapped for cash.

Utah's AG, Treasurer back credit card and bank transactions for marijuana purchases

SALT LAKE CITY — Utah Attorney General Sean Reyes and Treasurer David Damschen are calling on Congress to pass a bill that allows marijuana-related businesses to access the banking system.

Utah keeps its stellar AAA credit rating

Updated: May 18, 2020

Utah Gov. Gary Herbert and Treasurer David Damschen announced Monday 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.

Auditors urge overhaul of grant/loan program for rural Utah communities

Utah set up a fund decades ago to distribute federal mineral royalties to rural communities to support projects that alleviate the impacts of mineral extraction on nontaxable public land.

Treasurer Damschen encourages Utahns and businesses to search state website for lost money during COVID-19 crisis

Utah State Treasurer David Damschen encourages Utah residents and business owners to search mycash.utah.gov for unclaimed property during the COVID-19 pandemic.

Up to $2 billion in state budget cuts coming

SALT LAKE CITY — Cuts in the upcoming $20 billion state budget approved earlier this year to offset the financial impact of the coronavirus pandemic likely won’t be made until mid-June, after lawmakers hold hearings to review reductions that could add up to $2 billion.

Utah Saves Week and Other Topics with Utah State Treasurer

David Damschen, the Utah State Treasurer visited KPCW’s studios to talk about Utah Saves Week and the work he focuses on as the Chair of the Utah Council on Financial and Economic Education. Our conversation also covers the Utah State Treasurer’s role as the State Treasurer and the responsibilities his office entails.

$1 billion-plus Uinta Basin oil train could hinge on tax break

The following story was written by Eric S. Peterson of The Utah Investigative Journalism Project in partnership with The Salt Lake Tribune.

Are Utahns Ready For A World Without Cash?

UPDATED: NOVEMBER 15, 2019 AT 11:36 AM Volume 0% SALT LAKE CITY, Utah – As more consumers buy things with the swipe of a card or the tap of a phone, experts said we are moving closer to a world without cash — and not everyone is convinced that’s a good thing.

Record-breaking school fund distribution announced

SALT LAKE CITY — Utah State Treasurer David Damschen recently announced that the Permanent State School Fund will make the largest-ever distribution to Utah schools next year. The funds go to schools for programs chosen by parents, teachers and principals at no cost to taxpayers

David Damschen: To tackle America’s debt crisis, we must improve financial literacy

Consumer debt in America now stands at more than $13.8 trillion, $1.2 trillion higher than its previous peak of $12.6 trillion reached in 2008 during the Global Financial Crisis.

Washington Can Help States Return Billions to Rightful Owners

Last year, several national news outlets told the story of a Florida man who found a bank bag full of cash in the middle of a Titusville street. He turned the money over to the bank listed on a receipt in the bag and posted about the find on social media in hopes of alerting the rightful owner of his or her lost money. We love hearing stories like this — people helping people reclaim their property by doing what we all know to be “the right thing.”

Dealbook Forum Task Force Recommendations

At the inaugural conference, sponsored by The New York Times, influential leaders in academia, business and politics gathered to discuss and debate provocative issues, and provide innovative solutions to some of our nation’s top policy agenda challenges. Task forces developed recommendations for businesses and policymakers, identifying some central questions that will be driving conversations through the 2020 election.

Utah returns a record $29.3M in unclaimed property to residents

Utahns were reunited with a record-breaking $29.3 million from overpaid bills, dormant bank accounts, unpaid insurance benefits and other lost property during the last fiscal year, according to state Treasurer David Damschen.

Utah student places second in national financial literacy essay competition

(KUTV) — Skyline High School student, Abby Bowler, placed second in the high school division of the national InvestWrite essay competition.

Contact David

Reach out for any questions or information

Other Contact Info

Paid for by friends of Damschen for Treasurer, not produced at government expense. Contributions to Damschen for Treasurer are not tax-deductible for federal income tax purposes.

Contact