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TAMPA, Fla. – Florida Chief Financial Officer Blaise Ingoglia held a press conference Wednesday at the University of South Florida in Tampa to launch a public awareness campaign urging residents to search for $3 billion in unclaimed property.<\/p>\n
Unclaimed property in Florida <\/p>\n
What we know:<\/p>\n
Florida CFO Blaise Ingoglia announced Wednesday that the state’s Division of Unclaimed Property is holding $3 billion in abandoned property that belongs to residents who likely do not know they have it.<\/p>\n
Unclaimed assets include forgotten bank accounts, uncashed paychecks, utility deposits, stock dividends, refunds and insurance proceeds.<\/p>\n
Approximately 1 in 5 Floridians have abandoned property waiting for them, according to the Florida Department of Financial Services.\u00a0<\/p>\n
The Department of Financial Services reunited $66 million in abandoned property in Sept., according to Ingoglia.\u00a0<\/p>\n
They have also launched a new website, claimyourcashfl.gov<\/a>, to make searching fast, secure, and always free.<\/p>\n Ingoglia stated that individuals are not the only ones eligible to claim abandoned property. Fire departments, police stations, schools and even universities, have abandoned property.\u00a0<\/p>\n After a search, Ingoglia said that The University of South Florida, Hillsborough College and Polk State College had money being held.\u00a0<\/p>\n USF had $73,651 in holdings that were reunited. The university says the money will go toward student scholarships.\u00a0<\/p>\n Polk State College was granted $2,419, which they are choosing to put toward the organization, My Brother’s Keeper.<\/a> The program’s website states they provide access to food, snacks, beverages, personal hygiene items, referrals to community resources and limited emergency financial assistance.\u00a0<\/p>\n Hillsborough College was also reunited with $4,384.\u00a0<\/p>\n How to claim funds <\/p>\n What you can do:<\/p>\n Floridians can check for funds anytime at claimyourcashfl.gov\u00a0<\/a><\/p>\n Searches take less than a minute and are common for anyone who has moved, changed jobs, switched banks, closed a business, or left a utility deposit behind.<\/p>\n The Source: The information in this story was gathered from a press conference hosted by Florida CFO Blaise Ingoglia at the University of South Florida in Tampa.<\/p>\n