Connect with us

South Florida Local News

Chief financial officer Blaise Ingoglia announces record $58 million returned to Floridians in unclaimed property during September

Published

on

Tallahassee, Florida – In a milestone for the state’s financial recovery efforts, Florida Chief Financial Officer Blaise Ingoglia announced that more than $58 million in unclaimed property was returned to residents during September, marking the largest single-month total in the program’s history. The returned assets range from dormant bank accounts and uncashed checks to insurance proceeds, stock dividends, and even contents from abandoned safe deposit boxes.

“From forgotten bank accounts and insurance payments to utility deposits and stock dividends, we’re working every day to reunite hardworking taxpayers, families, and small businesses with the money they have earned. In the month of September alone, our dedicated unclaimed property team returned a record $58 million back to the pockets of Floridians,” Ingoglia said.

Unclaimed property represents assets that have gone unclaimed, lost, or inactive for an extended period. Typically held by businesses or government entities for a set time—usually around five years—these assets are eventually transferred to the Florida Department of Financial Services when owners cannot be located. This ensures that Floridians can reclaim money that rightfully belongs to them.

The unclaimed property program includes a wide array of financial assets. Bank accounts that have lain dormant, credit balances, deposits, and refunds make up a large portion. Stocks, dividends, and unclaimed insurance payouts are also included, as are funds left in abandoned safe deposit boxes. The goal of the program is simple yet significant: reconnect Floridians with forgotten funds and prevent assets from remaining unclaimed indefinitely.

Read also: Sunset Lounge in West Palm Beach reopens to host a special Soul in the City concert with Boney James

September’s record-breaking returns were spread across the state, highlighting both the program’s reach and the need for Floridians to check for missing funds. Major returns by region included Miami with $12.6 million, Tampa/St. Petersburg with $11.9 million, West Palm Beach with $10.9 million, and Orlando with $10.8 million. Jacksonville saw $4.2 million returned, while Gainesville received $1.7 million. Smaller yet significant amounts were returned to Tallahassee ($1.2 million), Pensacola ($1.4 million), Panama City ($1.1 million), and Fort Myers/Naples ($2.4 million).

The returns serve as a reminder that unclaimed property can include a variety of financial instruments, sometimes going unnoticed for years. By consolidating efforts to locate owners and making the claims process accessible online, Florida’s Division of Unclaimed Property has simplified the path for residents to reclaim their assets. Those looking to verify or claim unclaimed property can visit FLTreasureHunt.gov, the state’s dedicated portal for this purpose.

For many residents, these returned funds can make a substantial difference, whether used for household expenses, paying down debt, or reinvested for future needs. Small businesses also benefit, with some receiving payments for forgotten deposits or unclaimed accounts that had been held for years. The September figures underscore the program’s growing efficiency and the impact of proactive outreach.

Read also: Chief Financial Officer Blaise Ingoglia announces record return of 58 million dollars in unclaimed property to Floridians in September

Ingoglia and his team continue to encourage Floridians to check for unclaimed property regularly, noting that the program is designed to be user-friendly and widely accessible. “We want every Floridian to know that money they have earned should not remain forgotten,” Ingoglia emphasized, reinforcing the department’s commitment to returning lost assets to rightful owners.

The September record is a strong indicator of both the scale of unclaimed property in Florida and the effectiveness of ongoing efforts to reconnect residents with their money. As the program continues, officials hope to surpass even these impressive returns, ensuring that no Floridian’s assets remain lost.

 

South Florida Local News4 hours ago

Pembroke Pines invites community members to opening reception of Kaleidoscope Shifting Perspectives featuring South Florida artists

South Florida Local News4 hours ago

Andrews Avenue asphalt improvement project postponed as Fort Lauderdale prepares for future roadway upgrades

South Florida Local News4 hours ago

City of Pompano Beach announces temporary waterway closure beneath McNab Road Bridge as major construction work enters critical phase

South Florida Local News1 day ago

Body found on Commercial Boulevard as Fort Lauderdale police investigate suspected hit-and-run

South Florida Local News2 days ago

Hammonton native and Army veteran Bart DiGuglielmo killed in Florida Walmart parking lot shooting dispute

South Florida Local News2 days ago

Fort Lauderdale Issues Precautionary Waterway Advisory After Sewer Overflow Impacts Intracoastal Waterway Area

South Florida Local News4 days ago

West Palm Beach Mayor and City Commission set maximum millage rate for 2026/2027 fiscal year budget planning

South Florida Local News4 days ago

BCPS celebrates three additional students earning 2026 National Merit College-Sponsored Scholarships for academic excellence

South Florida Local News4 days ago

Greater Fort Lauderdale Alliance’s David Coddington begins leadership role as Florida Economic Development Council chair for 2026-2027

South Florida Local News4 days ago

Florida Department of Health warns residents about dangerous opioid-like 7-OH products being sold in stores across the state

South Florida Local News4 days ago

Fort Lauderdale begins Andrews Avenue Asphalt Improvement Project to improve roadway conditions in Flagler Village area

South Florida Local News4 days ago

Plantation Utilities reassures residents about drinking water safety and explains how regular testing ensures quality standards

South Florida Local News5 days ago

Florida man arrested after allegedly submitting more than $159,000 in fraudulent insurance claims

South Florida Local News5 days ago

Five BCPS non-traditional schools earn commendable ratings for academic progress and student achievement

South Florida Local News5 days ago

Pompano Beach City Commission Budget Workshop moves location to Commission Chambers for full livestream access

Categories

Trending