BURLINGTON, Vt. (WCAX) – The Vermont Treasurer’s office says there is more than $130 million in unclaimed assets waiting for various organizations in the Green Mountain State.
Some of the unclaimed property includes uncashed checks, security deposits and other finances that are reported by banks and credit unions and turned over to the state.
A little over $150,000 of that will be given out to businesses, non-profits. and other organizations next week.
State treasurer Mike Pieciak says he hopes handing out the money will raise awareness for other Vermonters to look into unclaimed property.
“We’ve been trying to think about a lot of different ways to raise awareness of unclaimed property, this past year we had over 19,000 claims which was the most we’ve ever received in our office.” and adds “a lot of businesses a lot of organizations are operating on tight margins tight budgets, so when they get a few thousand dollars or tens of thousands of dollars back they that weren’t aware they had it can really make a difference.”
The treasurer’s office says they’ll be going around the state Monday and Tuesday to give back some of the money to businesses and towns.