Arona, PA - Pennsylvania Treasurer Stacy Garrity and Arona Borough Secretary Joe Levandosky announced today that more than $21,000 in unclaimed property has been returned to Arona Borough in Westmoreland County.
“It’s always exciting to return unclaimed property to rightful owners, and I’m glad this money will be put to good use to benefit the hardworking residents of Arona Borough. I urge every Pennsylvanian to search Treasury’s database for money that may be theirs to claim. It’s not just individuals who may have property waiting – businesses, nonprofits and government agencies should search as well.”
Pennsylvania State Treasurer, Stacy Garrity
“This money belongs to the people of Arona Borough, and we’re excited to work with the residents of this community to determine the best way to put it to use. I want to thank Treasurer Garrity and her team for their work in returning this unclaimed property to our community.”
Arona Borough Secretary, Joe Levandosky
The $21,036.66 returned to Arona includes 10 individual properties ranging in value from $142.99 to $15,470.11. The oldest property dates back to 1991, while the most recent is from 2017. Properties returned include funds from accounts payable checks, uncashed checks, and an escrow account. How the funds are spent will be determined by borough officials.
Treasurer Garrity has returned nearly $15.7 million to 57 local governments, including counties and municipalities, since taking office.
Treasury is working to return more than $4.5 billion in unclaimed property to its rightful owners. About one in ten Pennsylvanians is owed unclaimed property, and the average claim is worth about $1,600.
Unclaimed property can include dormant bank accounts, uncashed checks, insurance policies, contents of forgotten safe deposit boxes and more. State law requires businesses to report unclaimed property to Treasury after three years of dormancy.
Treasury keeps tangible unclaimed property for about three years before it is auctioned. Auction proceeds are kept in perpetuity for owners to claim. Military decorations and memorabilia are never auctioned.
To learn more about unclaimed property or to search Treasury’s database, visit patreasury.gov/unclaimed-property.