Office collects $138.7 million in unclaimed assets
Aug. 28, 2018
HARTFORD, Conn. (AP) — Money from unclaimed securities, bank accounts and other financial property appears to be piling up.
State Treasurer Denise Nappier announced Tuesday that unclaimed property receipts topped $138.7 million for the fiscal year ending June 30. That's $23 million more than originally projected.
It also surpasses the $129.2 million collected in the prior fiscal year.
Nappier attributes the higher collections to an unexpected increase in the value of the unclaimed assets.
The office is depositing $63.4 million of the unclaimed funds to Connecticut's main spending account, the general fund, and $11.6 million to Citizens Election Fund, the state's public campaign financing system.
About $58 million of the unclaimed assets has been returned to 18,472 rightful owners.
People can go to www.CTBiglist.com to see if they are owed any money.