Treasury to work with municipalities to return money
PROVIDENCE, R.I. - General Treasurer Gina M. Raimondo today announced that Treasury's unclaimed property division will be reuniting 35 cities and towns with $59,318.32. The amounts of municipal unclaimed property range up to $16,650.76.
"Our focus in Treasury is to provide exceptional performance and results," Raimondo said. "Returning this unclaimed property to cities and towns is one instance of a series of operational improvements we have made in this division. This is a true example of government working."
These operational improvements also give Treasury staff time to implement methods of outreach and develop systems to share information across state government. Most notably, the team supported Treasury's Smart Money Tour, which visited more than 20 farmers markets, senior centers, baseball games and shopping malls in 2013. The 2014 Smart Money Tour is continuing throughout the summer.
An incorrect address or misspelled name will likely lead to property being turned over to the unclaimed property division for safekeeping. In the case of cities and towns, included on the list are unclaimed insurance premiums and smaller checks for various fees, among other monies.
Treasury currently holds more than $275 million in unclaimed property and encourages people to search its online missing money database.
The following cities and towns have already received their unclaimed property: Barrington: $238.94 | Central Falls $16,650.76 | Coventry: $207.04 | Cranston: $483.04 | Cumberland: $4,799.15 | Hopkinton $196.00 | Jamestown $8.38 | Lincoln $3,018.44 | Middletown $65.63 | Newport $1,239.45 | North Kingstown $254.00 | North Smithfield $40.00 | Pawtucket $5,922.85 | Richmond $46.00 | Scituate $257.04 | Smithfield $1,364.31 | South Kingstown $243.78 | Warren $55.00 | West Greenwich $717.20 | West Warwick $125.36
Treasury staff is working diligently to reunite other cities and towns with their unclaimed property.
To learn more about Unclaimed Property, visit treasury.ri.gov/up.
Follow Treasurer Raimondo on Twitter: @GinaRaimondo