Tuesday, June 7, 2011

Vermont Takes in $9 Million in Unclaimed Property

Vermont is among a handful of states that require holders to report unclaimed property in the Spring (most states' report deadlines are October 31 or November 1).  According to a press release issued by the Vermont State Treasurer's office, the state brought in approximately $9 million of unclaimed property so far this fiscal year, raising the total amount held by Vermont to more than $52 million, with an average dollar amount of about $190.

For the same period, Vermont has paid out about nearly 10,000 claims, with a total dollar value of $3.5 million.  Vermonters can check if they have money held by the state Unclaimed Property Division by visiting the Treasury website.

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