Treasurer Stacy Garrity, Sen. Timothy Kearney and Rep. Heather Boyd Return More Than $12,500 in Unclaimed Property to Clifton Heights Borough
Clifton Heights, PA - Pennsylvania Treasurer Stacy Garrity, Sen. Timothy Kearney (D-26), Rep. Heather Boyd (D-163) and Clifton Heights Borough Manager Thomas Micozzie announced today that more than $12,500 in unclaimed property has been returned to the borough in Delaware County.
“One of my top priorities as Treasurer is to return unclaimed property back to its rightful owners. I commend the borough for taking the initiative to search for unclaimed property that might be owed to them. I am thrilled to return more than $12,500 back to Clifton Heights’ residents to best benefit the community.”
Pennsylvania State Treasurer Stacy Garrity
”I’m proud to see municipalities in my district, like Clifton Heights, reclaim money that rightfully belongs to them and their residents. I encourage other local governments and constituents all throughout the commonwealth to search the unclaimed property database. My office is always available to help constituents in Delaware County through the process.”
Sen. Timothy Kearney (D-26)
“I’m thrilled to see thousands in unclaimed property going back to Clifton Heights Borough to support the continued growth of this community and its residents. This is money that belongs to the Borough, and I’m proud to be able to put it back in their pockets. This program is not just for government; if you’re a resident of Clifton Heights and believe you have unclaimed property available, please contact my office for assistance in getting your money back in your hands.”
Rep. Heather Boyd (D-163)
The $12,577.64 returned to Clifton Heights Borough includes 28 individual properties ranging in value from $15 to $9,127. The oldest property dates back to 2006, while the most recent is from 2019. Properties returned include funds from accounts payable checks, claims payment checks, expense checks, and unclaimed/official checks. How the funds are spent will be determined by borough officials.
“Experience in researching the Treasury has provided this opportunity in reviewing Clifton Heights ‘list of taxpayer funds. With the support of Borough Mayor Campbell and Council President Briddes working with our State Sen. Kearney and Rep. Boyd, this program is a centralized process to receive owed funds to the borough. The borough is thankful to Treasurer Garrity for her continued policies of finding the rightful owners of these funds to local communities.”
Borough Manager Thomas Micozzie
Treasurer Garrity has returned more than $18.8 million to 113 local government agencies, including counties and municipalities.
Treasury is working to return more than $5 billion in unclaimed property to its rightful owners, including nearly $173 million to Delaware County residents. More than one in ten Pennsylvanians are owed unclaimed property, and the average claim is worth more than $1,000.
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.
