The State Worker

Chronicling civil-service life for California state workers

January 19, 2010
Deputy treasurer picks up public finance 'Hero' award

Katie Carroll, the state's deputy Treasurer, received a top honor today from Women in Public Finance at its 2010 annual Founders Awards reception in Chicago.

Carroll received the group's "She's Our Hero" award. It recognizes a woman in public finance for leadership in her professional career and other aspects of her life.

"No one deserves this award more than Katie," Treasurer Bill Lockyer said in a statement announcing Carroll's honor.

"Despite turbulent capital markets and the state's budget troubles, our office in 2009 sold $20 billion of bonds that financed crucial infrastructure projects and put Californians to work. Katie's leadership made that success possible."

Carroll, who was named deputy treasurer by Lockyer last year, said she was humbled to be recognized by her female peers.

Carroll started at the Treasurer's Office in 1986 as an analyst. She worked her way up to head the Public Finance Division, which oversees the state's bond sales.

Women in Public Finance is a 13-year-old nonprofit, educational and professional networking organization for women in the public finance industry.

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About The State Worker

Jon Ortiz The Author

Jon Ortiz launched The State Worker blog and a companion column in 2008 to cover state government from the perspective of California government employees. Every day he filters the news through a single question: "What does this mean for state workers?" Join Ortiz for updates and debate on state pay, benefits, pensions, contracts and jobs. Contact him at (916) 321-1043 and at


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