As Lucas County Treasurer, Wade Kapszukiewicz has worked to use the financial resources of the office to move the community forward and get results for our region.
Most notably, he worked to change state law in 2010 to allow for the creation of county land banks, which fight the problems of blight by acquiring vacant and abandoned properties. Wade helped found 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 sold nearly 400 blighted properties that have been rehabbed, and it is on pace to demolish more than 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 roughly $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 Huntington Center 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 about 400 jobs since 2007.
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 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 16th wedding anniversary in 2017. They live in the Old Orchard neighborhood of Toledo and have two children: Emma, 13, and Will, 11.