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nv marshallk10 092Kate Marshall was born on July 22, 1959 in San Francisco. At a very young age, Kate understood the importance of education. Her family could not afford to send her to quality primary and secondary schools, much less pay for college, so she worked in her high school bookstore before and after school to pay for her own education.

Kate attended California State University San Francisco for three semesters before being accepted to UC Berkeley. She supported herself through college by working in the school library and earning academic scholarships.

Shortly after graduation, Kate joined the Peace Corps, teaching English and Commerce in Kenya – an experience that changed her life. Even though she had grown up with little, she worked with people in East Africa who had far less. Kate was more determined than ever to succeed on her own after her experiences in Africa.

Upon returning home from Kenya, Kate attended UC Berkeley, Boalt Hall School of Law. After receiving her law degree Kate was accepted to the United States Department of Justice’s Honors program, where she began her career as a prosecutor of white collar crime, protector of the people, financial watchdog and public servant.

LEGAL CAREER

In 1997 Nevada Attorney General Frankie Sue Del Papa asked Kate to move to Nevada to create a new branch of the Attorney General’s Office focusing on Antitrust.  As Senior Deputy Attorney General Kate worked tirelessly to build a new and innovative division-- Nevada’s Antitrust Unit. Kate led a team of attorneys, financial experts and investigators to successfully streamline and modernize Nevada’s antitrust laws, greatly improving consumer protection for all Nevadans. Kate fought hard to stop price gouging at the gas pump and worked with community members and financial institutions to keep small town family businesses thriving.

Kate’s leadership and involvement in her community grew as she helped expand Nevada’s “Toys for Tots” program into rural Nevada, an area often overlooked by government, but not by Kate.

In 2001, she was chosen as an honoree in the Nevada Women’s Fund, Women of Achievement. In 2002, Kate became in-house counsel for ATG, Inc., a private telecommunications firm, which served small and medium size businesses in Northern Nevada. Kate also ran her own successful law practice specializing in consumer protection, telecommunications law, and competitive market analysis.

TREASURER’S OFFICE

Kate was first elected Nevada State Treasurer in 2006 and was reelected in 2010 during one of the toughest political climates. As Treasurer, she implemented many new programs that save taxpayer dollars, reduced spending through government efficiency, and implemented innovative methods for fostering economic growth in Nevada.

During Kate’s first year in office, investment earnings for the state’s general portfolio grew by more than $119 million, an increase of almost 50 percent over the previous fiscal year.

Even during the debilitating economic crises of 2009, when numerous companies went bankrupt and many state portfolios and retirement funds took huge losses, the Treasurer’s Office made a net investment profit of $46 million on the General Portfolio for Fiscal Year 2009.

One of Kate’s first objectives as Treasurer was to improve and streamline the Unclaimed Property Division. As a result of her work the amount of unclaimed property returned to rightful owners tripled from $7.2 million in 2006 to nearly $21 million in 2010.

As administrator of the College Savings Plan and the Millenium Scholarship, Kate has been an ardent supporter of college affordability.  She was able to lower the fees for the college savings program, implement a grant matching program using private donations and increase the number of Nevadans saving for college.

As a member of the Nevada State Board of Finance, Kate proposed and the board adopted a new policy that assists the Treasurer’s Office in preventing investments in companies and organizations linked to terrorist groups and nations who support them.

As Treasurer, Kate requested an independent audit and review of office contracts, including those entered into by the previous administration, to eliminate waste and improve government efficiency.  Through renegotiated contracts and other cost cutting measures, taxpayers and account holders have saved millions.

Kate and her family live in Reno. She has two wonderful daughters, Anna and Molly and as a devoted mother spends most for her free time with her girls. 

About Kate

nv marshallk10 092Kate Marshall was born on July 22, 1959 in San Francisco. At a very young age, Kate understood the importance of education. Her family could not afford to send her to quality primary and secondary schools, much less pay for college, so she worked in her high school bookstore before and after...Read more...

Featured Accomplishment

Returning Unclaimed Property to Rightful Nevada Owners

Under Kate Marshall, the Unclaimed Property Division has transferred approximately $189 million to the Nevada General Fund, which is an increase of more than 140% over Kate's predecessor.  Since 2005, Treasurer Marshall has increased the amount of money returned to Nevadans from unclaimed property by 160% to $20.6 million, and still been able to make the largest unclaimed...

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