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News Release from Comptroller Susan Combs

For Immediate Release
October 21, 2009

Combs Returns Unclaimed Property to Brenham and Washington County, Urges Area Residents to Check the Unclaimed Property List

(BRENHAM) — Texas Comptroller Susan Combs announced today that the city of Brenham has reclaimed $1,063 in unclaimed property, and Washington County has reclaimed $1,851. Brenham ISD also found itself on the Unclaimed Property List and reclaimed $110.

“Cities, counties and school districts face challenges in this tough economy,” Combs said. “Our office has expanded its efforts to quickly contact local government entities that have money on the state’s unclaimed property list and help them reclaim it, and I applaud the taxing entities in this community for taking the initiative to get this money back and put it to work for the taxpayers.”

Combs also urged all Brenham area residents, and those in the Bryan-College Station area as well, to check the unclaimed property list to see if they have money waiting to be claimed.

The state is holding more than $900,000 dollars in unclaimed property for more than 9,171 people in Washington County. The Comptroller’s office has returned nearly $72,000 to Washington County owners in the last two years. In Brazos County, more than $6.8 million is waiting to be claimed. The Comptroller has returned more than $556,000 to Brazos County residents in the last two years.

The Comptroller’s office has re-invented the traditional, statewide newspaper insert, breaking it into six regional unclaimed property lists being published on an extended schedule through Feb. 7, 2010.

“By focusing on one region at a time, we can provide better customer service and reunite people with their money faster because claims will be spread out over several months, rather than a single peak period,” Combs said.

Washington and Brazos county unclaimed property owners’ names will appear on the Greater Houston regional list, which will be published Sunday, Dec. 13. The Greater Houston regional list will contain the names of 37,300 unclaimed property owners who have had at least $250 in forgotten funds reported to the state within the last year.

“Of course, you don’t have to wait until the Unclaimed Property List appears in the newspaper to find out if the state is holding forgotten cash or other valuables in your name,” Combs said. “The unclaimed property Web site at www.ClaimItTexas.org is available year-round and contains the complete list of all owners of any amount of unclaimed property, from any year.”

You may also inquire about unclaimed property by phone at (800) 654-FIND (3463).

The state is holding about $2 billion in unclaimed property for missing owners statewide. The Comptroller estimates one in four Texans has money waiting to be claimed. Examples of unclaimed property include dividend, payroll or cashier’s checks; stocks, bonds and mutual fund accounts; utility deposits and other refunds; insurance proceeds; mineral interest or royalty payments; dormant bank accounts; and abandoned safe deposit box contents.

“In these challenging economic times, Texas families are trying to make every dollar count,” Combs said. “Now more than ever, it is crucial that we reunite Texans with their unclaimed property.”

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