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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.