Connect with us

Hi, what are you looking for?

Florida News

Jimmy Patronis: $26 Million in Unclaimed Property Returned to Floridians in December

This week, state Chief Financial Officer (CFO) Jimmy Patronis announced that more than $26 million in unclaimed property was returned to Floridians during the month of December.

In 2022, the CFO’s Division of Unclaimed Property returned a grand total of $351.2 million. Since Patronis took office in 2017, more than $1.8 billion in unclaimed property has been returned to Florida citizens.

“I’m happy to announce the return of more than $26 million in unclaimed property to the pockets of Florida families and businesses in the month of December,” Patronis said on Thursday. “As Florida’s Chief Financial Officer, it is my mission to return every cent of unclaimed property back to its rightful owner. In 2022, we returned $351.2 million and my team is working to surpass that annual amount in 2023. Florida currently holds more than 14 million unclaimed property accounts with a total value of more than $2.5 billion. I am encouraging every Floridian to search now for unclaimed property for yourself, your friends, your loved ones, and even your business at FLTreasureHunt.gov. It’s your money, claim it today!”

December 2022 Unclaimed Property Returns by Region:

Pensacola – $665,794
Panama City – $494,044
Tallahassee – $1.04 Million
Jacksonville – $885,462
Gainesville – $446,628
Orlando – $3.09 Million
Tampa/St. Pete – $6.11 Million
Fort Myers/Naples – $1.5 Million
West Palm Beach – $3.93 Million
Miami – $7.85 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.

Author

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

    View all posts

Archives

Related Stories

Top Story

Florida’s Chief Financial Officer Jimmy Patronis announced the launch of a study to determine how gold and silver bullion can be used as legal...

Political News

With Florida’s First Congressional District seat up for grabs, the Sunshine State’s former Chief Financial Officer (CFO) Jimmy Patronis is receiving support from national...

Florida News

Florida State Fire Marshal Jimmy Patronis is encouraging all Floridians to practice fire safety while cooking during the Thanksgiving Holiday. According to the National Fire...