Utah Treasurer Marlo Oaks appoints Mark Siddoway and David Zucker to SITFO Board of Trustees
Utah Treasurer Marlo M. Oaks today announced the appointment of Mark Siddoway and David Zucker to the School and Institutional Trust Funds Office (SITFO) Board of Trustees.
When Utah became a state in 1896, Congress granted approximately seven million acres of land into 12 separate trusts for the support of state institutions, the largest being a trust for the perpetual support of public schools. In 2014, the Utah Legislature created SITFO as an independent state agency with a five-member Board of Trustees, chaired by the State Treasurer, to invest the funds produced by the School and Institutional Trust Lands Administration’s (SITLA) management of the land. (Read More)
Salt Lake County recognized for excellence in financial management
The Government Finance Officers Association of the United States and Canada (GFOA) awarded Salt Lake County the Certificate of Achievement for Excellence in Financial Reporting for the fiscal year that ended December 31, 2021.
Salt Lake County’s 2021 annual comprehensive financial report won the award for demonstrating a “spirit of full disclosure” and clear communication. (Read More)