CFO Jimmy Patronis Returns More than $39 Million in Unclaimed Property in August
For Immediate Release: Wednesday, September 4, 2024 Contact: Office of Communications, Communications@MyFloridaCFO.com, 850.413.2842 |
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CFO Jimmy Patronis Returns More than $39 Million in Unclaimed Property in August
TALLAHASSEE, Fla. - Today, Chief Financial Officer (CFO) Jimmy Patronis announced that more than $39 million in unclaimed property was returned to Floridians during the month of August. Since CFO Patronis took office in 2017, nearly $2.5 billion in unclaimed property has been returned to Florida citizens.
CFO Jimmy Patronis said, “I’m excited to announce that our Unclaimed Property team returned more than $39 million in unclaimed property this August to Floridians statewide. Take the opportunity now to search for extra cash to pay for some of those additional school supplies your kids might need this year. You can also search for yourself, your loved ones, and even your business at FLTreasureHunt.gov. It's estimated that one in five Floridians has unclaimed property just waiting to be claimed, with an average claim of $825. Don’t delay – start your treasure hunt today!"
August 2024 Unclaimed Property Returns by Region:
- Pensacola – $961,773
- Panama City – $470,801
- Tallahassee – $823,647
- Jacksonville – $2.1 Million
- Gainesville – $595,096
- Orlando – $7.1 Million
- Tampa/St. Pete – $9.56 Million
- Fort Myers/Naples – $2.1 Million
- West Palm Beach – $4.7 Million
- Miami – $10.6 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.
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About CFO Jimmy Patronis
Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida’s Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida’s firefighters, and ensure the state’s finances are stable to support economic growth in the state. Follow the activities of the Department on Facebook (FLDFS) and X (@FLDFS).