Connect with us

Hi, what are you looking for?

Economy News

Florida CFO Jimmy Patronis Returns More than $32 Million in Unclaimed Property in May

TALLAHASSEE, Fla. – Today, Chief Financial Officer (CFO) Jimmy Patronis announced that more than $32 million in unclaimed property was returned to Floridians during the month of May. Since CFO Patronis took office in 2017, more than $2.4 billion in unclaimed property has been returned to Florida citizens.

“I’m happy to announce the return of more than $32 million in unclaimed property to Floridians in May,” Patronis said. “As inflation continues to squeeze the wallets of Floridians and the price of gas and groceries continues to rise, every dollar counts. That’s why I’m encouraging every Floridian to search now for yourself, your friends, your loved ones, and even your business at FLTreasureHunt.gov. An estimated one in five Floridians has unclaimed property waiting to be claimed, with the average claim being about $825. That’s extra cash for folks that may be on a fixed income or families who need just a little more money to pay the light bill.  Don’t wait, start your treasure hunt today!”

May 2024 Unclaimed Property Returns by Region:

  • Pensacola – $783,676
  • Panama City – $456,345
  • Tallahassee – $1.2 Million
  • Jacksonville – $1.8 Million
  • Gainesville – $339,797
  • Orlando – $5.3 Million
  • Tampa/St. Pete – $6.2 Million
  • Fort Myers/Naples – $1.9 Million
  • West Palm Beach – $4.1 Million
  • Miami – $10 Million

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.

Archives

Related Stories

Political News

Florida Chief Financial Officer Jimmy Patronis announced that he may run in the special election for Florida Congressional District 1. In a post on...

Economy News

Florida Chief Financial Officer (CFO) Jimmy Patronis and the Florida Department of Financial Services (DFS) launched the “My Safe Florida Condo” pilot program, a...

Political News

As Bitcoin regains momentum with investors, Florida’s Chief Financial Officer Jimmy Patronis is imploring state leaders to consider cryptocurrency as a potential component of Florida’s state retirement system.Last...

Crime News

Below is an official statement from the office of Florida CFO Jimmy Patronis: Florida Chief Financial Officer (CFO) Jimmy Patronis announced the arrest of...

Florida Hurricanes

TALLAHASSEE, Fla. – Today, Chief Financial Officer (CFO) Jimmy Patronis highlighted the U.S. Army Corps of Engineers activation of Operation Blue Roof for several counties in Florida...

Environment

Florida Chief Financial Officer (CFO) & State Fire Marshal Jimmy Patronis issued a warning to residents and first responders about an alarming fire hazard...

Florida News

State officials announced that more than $39 million in unclaimed property was returned to Floridians during the month of August.August 2024 Unclaimed Property Returns...

Florida News

Yesterday, Chief Financial Officer (CFO) Jimmy Patronis announced that a record $2.51 million was generated by the state’s unclaimed property auction in West Palm...