Summary (Optional)
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Quick Summary
- Current Alabama State Treasurer, first elected in 2010 and serving his second term.
- Has worked in banking and finance for most of his career, including as a Deputy State Finance Director.
- Managed Alabama's college savings programs, including PACT and a scholarship program for students. Republican candidate for State Treasurer in 2026.
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Party: Republican
Overview
Young Boozer is Alabama's current State Treasurer. He has held the office before and is seeking another term, so he brings direct experience in the position.
Before becoming Treasurer, Boozer worked in banking and finance and served as Alabama's Deputy State Finance Director. Public reporting and office biographies describe his work on state debt and broader financial management.
As Treasurer, Boozer has overseen state investments, college savings programs, and other financial responsibilities for the state. Voters may weigh that record against the experience of his opponent and the questions raised by any program-specific controversies.
What He Did
Short version: key actions and why they may matter to your vote.
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Served as State Treasurer
Action:
Boozer served as Alabama State Treasurer from 2011 to 2019 and again beginning in 2021. As Treasurer, he oversees state investments, unclaimed property programs, college savings programs, and other state financial responsibilities.
Why it matters:
Being Treasurer means managing state funds that affect taxpayers, students, and state agencies. Boozer's service in this role shows direct experience in the position. -
Helped with PACT College Savings Program
Action:
The Alabama Treasury credits Boozer with helping to restructure and stabilize the Prepaid Affordable College Tuition (PACT) program, which had faced financial challenges.
Why it matters:
PACT helps Alabama families save for college tuition. Managing the program during financial challenges could show ability to handle state financial problems. -
Managed College Savings and Scholarship Programs
Action:
Boozer has overseen Alabama's CollegeCounts 529 college savings program and helped establish a needs-based scholarship program for Alabama students.
Why it matters:
These programs help families prepare for education costs and provide financial aid. Managing them shows responsibility for education financing. -
Created Alabama ABLE Program for People With Disabilities
Action:
Boozer helped establish the Alabama ABLE program, which provides specialized savings accounts for eligible people with disabilities.
Why it matters:
The ABLE program allows eligible people to save money while maintaining access to public benefits. This shows effort to create programs for specific populations. -
State Debt and Financial Management
Action:
Before becoming Treasurer, Boozer served as Deputy State Finance Director and worked on restructuring state debt and financial obligations.
Why it matters:
Managing state debt affects taxpayer costs and long-term state finances. This experience could show understanding of state financial challenges.
Additional Context
This section includes public-record events, controversies, investigations, lawsuits, or other matters that received public attention and may be relevant to some voters. Inclusion does not suggest wrongdoing, guilt, or a conclusion about the candidate's fitness for office.
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Birmingham-Southern College loan dispute
In 2023, Treasurer Young Boozer denied Birmingham-Southern College's application for a proposed $30 million state loan through Alabama's Distressed Institutions of Higher Education Revolving Loan Program. The college later filed a lawsuit challenging that decision.
What happened:
Boozer stated the college did not meet the program's requirements and could not adequately provide repayment assurances. Birmingham-Southern disagreed and argued the loan should have been approved. A Montgomery County judge later dismissed the lawsuit.
Experience
- Alabama State Treasurer (2011-2019, 2021-Present)
- Deputy State Finance Director
- Assistant Superintendent, Alabama State Banking Department
- Banking and Investment Executive
- Economics Degree, Stanford University
- Finance Degree, Wharton School of the University of Pennsylvania
Things to Think About
- Boozer has been State Treasurer before. Do you think prior experience in the job could be valuable, or would you prefer a fresh perspective?
- Boozer has focused on managing existing programs like PACT and college savings. Do you think maintaining existing financial programs is more important than creating new ones?
- Boozer has worked in banking and government finance. Houston brings private-sector banking experience but is new to elected office. Which background appeals more to you?
Sources
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