Biography of Wade Kapszukiewicz
Lucas County Treasurer
Since first being elected Lucas County Treasurer in 2004, Wade Kapszukiewicz has worked to use the financial resources of the office to move the community forward.
Most notably, he worked to change state law in 2010 to allow for the creation of county land banks, which fight the problems of urban blight by acquiring vacant and abandoned properties. Wade founded the Lucas County Land Bank and has served as its Chairman since August 2010. During that time, the Land Bank has brought over $30 million into Lucas County to improve neighborhoods. Under Wade’s leadership, the Land Bank has rehabbed and sold nearly 300 blighted properties, and it is on pace to demolish 3,000 of the worst vacant and abandoned structures in our community by 2020.
In his role as county treasurer, Wade is a responsible steward of the taxpayers’ money, accurately accounting for and properly handling over $600 million each year. As the county’s chief investment officer, he manages a $220 million investment portfolio, which has earned nearly $65 million in interest for the county’s general fund since he took office.
Under Wade’s leadership, the Treasurer’s office purchased bonds to provide the initial financing for the construction of Toledo’s Huntington Arena. He has used the county’s investment portfolio to support the Port Authority’s job-creation efforts, and he created a linked deposit program through which 42 local small businesses have received nearly $5.2 million in low-interest loans, creating or retaining 396 jobs since 2007.
Prior to becoming Treasurer, Wade served a term on the Lucas County Board of Education and was a member of Toledo City Council for nearly seven years, being first elected in 1999 and then re-elected in 2001 and 2003.
Wade received recognition in 2006 as a “20 Under 40” community leader, and in 2014, he was honored by The Toledo City Paper as one of its “Big Idea Toledoans” for his work creating and leading the Lucas County Land Bank.
Wade has twice been a member of the Electoral College, serving as a presidential elector from Ohio during both the 2008 and 2012 presidential elections.
Wade graduated with a bachelor’s degree in journalism and political science from Marquette University in 1994 and was named the valedictorian of the College of Communication, Journalism and Performing Arts. He received a master’s degree in public policy from the University of Michigan in 1996.
In addition to serving as Treasurer, Wade is also an adjunct professor at Lourdes University, where he teaches a night course in Urban Studies.
Wade and his wife, Sarah, will celebrate their 15th wedding anniversary in 2016. They live in the Old Orchard neighborhood of Toledo and have two children: Emma, 12, and Will, 9.