News Summary
The City of San Diego is prompting individuals and businesses to claim a total of $1.78 million in unclaimed funds. This includes $916,418 owed to over 800 recipients, stemming from uncashed checks. The deadline for claims is June 16, after which unclaimed funds revert to the City’s General Fund on July 1. Residents are encouraged to check for unclaimed funds via the City’s website.
San Diego Urges Residents to Claim Over $1.78 Million in Unclaimed Funds
The City of San Diego is encouraging individuals and businesses to come forward and claim a total of $1.78 million in unclaimed funds, which includes $916,418 owed specifically to over 800 eligible recipients. This substantial amount consists of refunds and vendor payments that have not been cashed or were returned due to address changes. Residents are reminded that the deadline for claims to the City is June 16. Any unclaimed funds will revert to the City’s General Fund on July 1.
Currently, there are checks waiting to be claimed with amounts ranging from $1 to $28,000. A check is classified as unclaimed if it has not been cashed within six months after it was issued. Last year, the City successfully returned approximately $888,059 to 118 recipients, which constitutes just 53% of the total unclaimed amount available at that time, with an average claim value of $6,041.
How to Claim Unclaimed Funds
To initiate a claim, individuals need to complete the Unclaimed Monies Form, which must be sent to the City of San Diego’s Department of Finance. The City’s Unclaimed Monies Report is updated quarterly, and this information is available to the public at no cost. Residents are encouraged to check for unclaimed funds through the City’s website at sandiego.gov/finance/unclaimed.
Additional Funds Available from San Diego County
In parallel with the City’s efforts, the San Diego County Treasurer-Tax Collector’s Office also has $867,171 in unclaimed funds available to residents, with a deadline for claims set for September 22. The smallest unclaimed amount with the County is $15, while the largest is $25,118.40. These funds may originate from overpayments of taxes or undeliverable checks, with a complete list accessible at sdttc.com/content/ttc/en/tax-collection/Unclaimed-Money.html.
For county funds, residents should follow the guidance provided on the County’s website or reach out via email at refunds@sdcounty.ca.gov to obtain assistance with the claims process. According to state law, any funds that are not claimed revert to the county’s general fund after several years.
Community Impact and Importance of Claims
City and County officials emphasize the importance of these unclaimed funds, stating that they may significantly help residents facing financial challenges. Outreach efforts aim to ensure that individuals and businesses have the opportunity to reclaim their missing funds before the set deadlines. Supervisor Joel Anderson from the County has stated his dedication to helping constituents navigate the claims process, ensuring that eligible residents are aware of their potential entitlements.
It is crucial for residents to act promptly and take the necessary steps to reclaim these funds, as any unclaimed money will be redirected to the governmental general fund after the stated deadlines. This initiative not only serves to return funds to rightful owners but also helps enhance financial stability within the community.
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Additional Resources
- MSN: San Diego Unified to Host Money Festival
- 10 News: $800,000 in Unclaimed Funds in San Diego County
- NBC San Diego: Claim $867,171 in Unclaimed Funds
- San Diego Union-Tribune: Are You Owed Unclaimed Monies?
- Times of San Diego: 10 Days to Claim $867,171 in Unclaimed Funds
- Wikipedia: Unclaimed Property
- Google Search: Unclaimed Funds California
- Google Scholar: Unclaimed Funds California
- Encyclopedia Britannica: Unclaimed Funds
- Google News: Unclaimed Funds California
