$32M in unclaimed property returned in February

Posted at 9:05 AM, Mar 02, 2016
and last updated 2016-03-02 09:05:58-05

TALLAHASSEE, Fla. (AP) — The State of Florida set a record in February for returning unclaimed property to its owners.

RELATED: Millions in cash ready to be claimed

Chief Financial Officer Jeff Atwater said the state returned $32 million in property last month, beating the previous record of $27.5 million in August 2014.

The Bureau of Unclaimed Property holds money from dormant bank, insurance and utility accounts plus unclaimed valuables from abandoned safe deposit boxes.

It currently holds $1.5 billion, which is used for public schools until claimed. Those who suspect they might have unclaimed property can check at