For Immediate Release
November 10, 2009
Combs Returns Unclaimed Property to Abilene and Taylor County, Urges Area Residents to Check the Unclaimed Property List
(ABILENE) — Texas Comptroller Susan Combs announced today that the city of Abilene has reclaimed $7,028 in unclaimed property, and Taylor County has reclaimed $22,054.
“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 area for taking the initiative to get this money back and put it to work for the taxpayers.”
Combs also urged all Abilene area residents, and those in the San Angelo area as well, to check the unclaimed property list to see if they have money waiting to be claimed.
The state is holding almost $6 million dollars in unclaimed property for more than 67,000 people in Taylor County. The Comptroller’s office has returned $495,000 to Taylor County owners in the last two years. In Tom Green County, $4.4 million is waiting to be claimed. The Comptroller has returned $361.612 to Tom Green County residents in the last two years.
The Comptroller’s office has re-invented the traditional, statewide unclaimed property 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.
Taylor and Tom Green county unclaimed property owners’ names appeared on the Panhandle regional list, published Oct. 18. The Panhandle regional list contains the names of 6,200 unclaimed property owners who have had at least $250 in forgotten funds reported to the state within the last year.
“If you missed the newspaper list that Sunday, you can still 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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