Orange County California updates unclaimed money lists

October 24, 2011

Shari L. Freidenrich, CPA is the treasurer and tax collector for Orange County, California.  She recently posted updated unclaimed property lists on their website including:

Deceased Estates Deposits Held in Trust

Landlord Sales Surplus

June 29, 2011 Auction Results & Excess Proceeds


Sacramento, CA wants to use $2 mil in unclaimed property to pay off debt

June 20, 2011

From KOVR & CNN:

Millions of dollars in unclaimed property might be taken by a city drowning in debt as officials in Sacramento, CA are considering a plan that would use unclaimed funds to deal with budget woes.

Some of the money has been piling up for years, and cuts to police and fire could be eased just a bit thanks to more than $2 million in unclaimed property.

Read the rest of the story here.


Deadline approaches for Solano County, California

June 3, 2011

From Vacaville Reporter story:

You may have money waiting for you in Solano County

by Melissa Murphy – 6/2/11

Vacaville, CA – Nearly $46,000 is collecting dust waiting for Solano County residents and businesses to claim it.

The money has remained unclaimed in county coffers for a period of three years or more and will return to its originating departments after June 9.

Solano County Treasurer/Tax Collecter/County Clerk Charles Lomeli explained that the auditor keeps a record of checks issued, which are valid for one year.

Even after a check isn’t cashed or deposited, that money is still set aside to be claimed. The money waiting in county coffers ranges from a few $15 checks to one for $3,950.

Michael Cooper, assistant treasurer/tax collector, said it is possible checks weren’t received because someone moved.

A list of unclaimed money owed to residents and businesses is available on the county’s website,www.solanocounty.com. To make a claim, forms are available online or at the treasurer’s office at the County Government Center, 675 Texas St., Fairfield. He added that those claiming must show proof of who they are. Even after the June 9 deadline, some money still may be claimed. For questions call the treasurer’s office at 784-6295.

Still, some people might not know they are owed money.

Top 10 businesses owed money by Solano County, CA

Top 10 individuals owed money by Solano County, CA

 

 

Read the rest here.


Unclaimed money issue needs attention in Solano County, California

May 22, 2011
By Kimberly K. Fu
Posted: 05/17/2011
Link to entire story.

Improvements are needed in the way Solano cities deal with unclaimed money and related issues, according to a Solano County grand jury report released Monday.
The document, titled “Unclaimed Funds and Escheatment Process Review,” delved into the handling of various types of unclaimed finds, including that of deceased residents with no known heir and “stale-dated” warrants and checks.
Following public notification, the state government code dictates that the money revert to county or city general fund accounts after a period of three years has elapsed. Dixon, Rio Vista and Suisun City all have not published prior notification in several years, the report found.
Grand jurors also noted that, in Vacaville, public notification of items under $50 are handled improperly, with money reverting back to the city before the required three-year period. The notice, according to the report, also fails to list where the money is being held.

 


Unclaimed Funds of the Rich and Famous

March 3, 2011

MarketWatch.com Article by Tom Bemis

Thursday, February 10, 2011

From Angelina to Zsa Zsa, Steven Jobs to Sergey Brin, the chairman of the Fed to the CEO of Goldman Sachs, the famous and the rich share a common failing with the rest of us: they’ve misplaced some of their money.

Nationwide the pool of unclaimed property held by states is close to $33 billion and growing.

A MarketWatch review of some of the major unclaimed property sites maintained by the states revealed some surprising names and organizations that have unclaimed property.

Read the rest of the article here.

See the full list of celebrities with unclaimed property here.