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National association honors Utah’s treasurer for outstanding service

SHARE National association honors Utah’s treasurer for outstanding service

David Damschen makes a few remarks after being sworn in as state treasurer by Utah Supreme Court Justice John Pearce inside the Gold Room at the Capitol on Wednesday, Jan. 13, 2016.

Scott G Winterton, Deseret News

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.

The award is presented to “a dedicated and committed public servant whose outstanding career in government has provided a respected voice for NAST at all levels of government.” 

Damschen served as the 2019 president of the organization, a bipartisan association comprised of state treasurers and state finance officials with comparable responsibilities.

During his tenure as president, he championed efforts to improve financial education in public schools throughout the country, reinstate advance refunding of tax-exempt municipal bonds, enable states to help return an estimated $26 billion in matured, unredeemed U.S. Treasury savings bonds to rightful owners, improve citizen access to Achieving a Better Life Experience benefits and 529 educational savings programs, and more.

Damschen has served in numerous other capacities for the organization, including his current role on the executive committee and his previous service as senior vice president and legislative committee chairman.

The award is named after Harlan Boyles, the state treasurer in North Carolina from 1977 to 2001, who was known as the “Keeper of the Public Purse,” and Edward T. Alter, the state treasurer in Utah from 1981 to 2009, who served with distinction in five statewide administrations.