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Jimmy Patronis: More Than $20 Million in Unclaimed Property Returned to Floridians in June

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This week, state Chief Financial Officer (CFO) Jimmy Patronis announced that more than $20 million in unclaimed property has been returned to Floridians during the month of June 2022. T

The Division of Unclaimed Property returned more than $388 million to Floridians during the fiscal year that ended June 30, a new annual record. Since Patronis took office in 2017, more than $1.7 billion in unclaimed property has been returned to Florida citizens.

“Unfortunately, many Americans are facing inflation that’s at a four-decade high, and as a result, everything is more expensive,” Patronis said. “Claiming unclaimed property is a great way for people to get their hands on more cash to pay for those necessities that are becoming ever more expensive. I’m proud to announce that my Unclaimed Property Division has returned more than $20 million to the pockets of Floridians in June. This Fiscal Year, we’ve broken our annual record by returning more than $388 million in Unclaimed Property. With an average claim amount of roughly $785, that is real money going back into the pockets of Florida families and businesses. There is still more than $2 billion just waiting to be claimed and it only takes a few minutes to search with absolutely no cost to you. Now is the perfect time to search our website and discover if there are any unclaimed treasures in your name. Search now for yourself, your friends, your loved ones, and even your business at FLTreasureHunt.gov. It’s your money, claim it now!”

See also  Florida CFO: Hurricane Season is 50 Days Away, Prepare Now!

June 2022 Unclaimed Property Returns by Region:

• Pensacola – $371,000
• Panama City – $254,000
• Tallahassee – $648,000
• Jacksonville – $1,380,000
• Gainesville – $230,000
• Orlando – $3,200,000
• Tampa/St. Pete – $4,450,000
• Fort Myers/Naples – $550,000
• West Palm Beach – $2,100,000
• Miami – $7,100,000

Unclaimed property is a financial asset that is unknown or lost, or has been left inactive, unclaimed or abandoned by its owner. The most common types of unclaimed property are dormant bank accounts, unclaimed insurance proceeds, stocks, dividends, uncashed checks, deposits, credit balances and refunds. Unclaimed property also includes contents from abandoned safe deposit boxes in financial institutions. Unclaimed property assets are held by business or government entities (holders) for a set period of time, usually five years. If the holder is unable to locate, re-establish contact with the owner and return the asset, it is reported and remitted to the Florida Department of Financial Services, Division of Unclaimed Property.

To search for unclaimed property or to claim an account, go online to FLTreasureHunt.gov.

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  • Florida Daily

    Florida Daily offers news, insights and analysis as we cover the most important issues in the state, from education, to business and politics.

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Ed Dean: Publisher

 

Ed Dean is a leading radio and news media personality including hosting the #1 statewide radio talk show in Florida. Contact Ed.Dean@FloridaDaily.com

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