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State Treasurer Dave Young Elected to National Association of State Treasurers Executive Committee


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Colorado State Treasury Seal
FOR IMMEDIATE RELEASE

 

CONTACT:
Lindsay Sandoval
Communications Director
lindsay.sandoval@state.co.us
303-349-8113

State Treasurer Dave Young Elected to
National Association of State Treasurers
Executive Committee

 

Treasurer Young Will Serve One-Year Term Beginning Jan. 1, 2025

Oct. 1, 2024 (DENVER) Colorado State Treasurer Dave Young has been elected to serve on the executive committee of the National Association of State Treasurers (NAST), the foremost authority for responsible state treasury programs and public financial practices, policies, and education.

Members of NAST elected Treasurer Young as the next Western Vice President during their annual conference in Chicago, Illinois last week. He will begin his one-year term on Jan. 1, 2025.

“NAST is the preeminent voice for excellence in public finance, and I am honored to represent Colorado and the West on its bipartisan leadership team,” said Treasurer Young. “I look forward to working with my peers to advance transparency, accountability and economic justice for people across the country.”

As Western Vice President of NAST, Young will represent 12 states, including Colorado, to elevate the needs and concerns of Treasurer’s Offices at the national level. Young also participates in NAST committees to explore best practices in pensions, unclaimed property and other public finance topics.

Over his tenure, Treasurer Young has modernized the role and scope of the Colorado State Treasury, which safeguards a multibillion-dollar state budget and directs an investment portfolio of $19 billion. The office has rolled out several public programs, including the Colorado Property Tax Deferral program and Colorado SecureSavings to support Coloradans’ economic wellbeing. The state has also returned close to $258 million in unclaimed property among 221,000 claims from July 2019 through June 2024.

Under Young’s leadership, the Colorado State Treasury recently launched the Partnership for a Dignified Retirement, an interstate consortium that offers portable, state-managed Roth IRAs to workers without an employer-sponsored retirement plan. Maine, Delaware and Vermont are current members with additional states expected to join in the coming months.

For more information, visit the NAST website.

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About the Colorado State Treasury

The Colorado State Treasury is the constitutional guardian of the public’s funds. It is the Treasury’s duty to manage and account for the taxpayers’ dollars from the time they are received until the time they are disbursed. The Treasury’s staff is committed to safeguarding and managing the people’s monies with the same diligence and care as they do their own. For more information, visit the Treasury website.