This week, state Chief Financial Officer (CFO) Jimmy Patronis announced that more than $32 million in unclaimed property was returned to Floridians during the month of August.
Since Patronis took office in 2017, more than $2.1 billion in unclaimed property has been returned to Florida citizens.
“I’m happy to announce the return of more than $32 million back into the pockets of Florida families and businesses. Thank you to our Division of Unclaimed Property for their hard work ensuring these assets are properly maintained on behalf of consumers and for putting Floridians first. As your CFO, I’ve been proud to highlight the great work my team has done to return every cent of unclaimed property back to its rightful owner. Currently, Florida has unclaimed property accounts with a total value of nearly $2.7 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!” Patronis said.
August 2023 Unclaimed Property Returns by Region:
Pensacola – $792,220
Panama City – $901,917
Tallahassee – $548,543
Jacksonville – $1.9 million
Gainesville – $413,367
Orlando – $7.6 million
Tampa/St. Pete – $6.4 million
Fort Myers/Naples – $1.5 million
West Palm Beach – $4.6 million
Miami – $7.8 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.
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