Home Government May delivers $32M in unclaimed property to Floridians

May delivers $32M in unclaimed property to Floridians

by The 100 Companies

Chief Financial Officer Jimmy Patronis announced Monday that $32 million in unclaimed property was returned to Floridians in May. Patronis said that one in five Floridians have unclaimed property, with an average claim being around $825.

“As inflation continues to squeeze the wallets of Floridians and the price of gas and groceries continues to rise, every dollar counts,” Patronis said.

Unclaimed property is a financial asset that has been lost or inactive, which includes dormant bank accounts and stocks. They are usually held by business or government entities for a period before being remitted to the Florida Department of Financial Services.

– Robert Haughn, Extensive Enterprises

You may also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

The Tallahassee 100