Dear Fellow Floridians:
This week, our department reached a significant milestone when the amount of unclaimed property we have returned since January 2011 surpassed $900 million. I’m very proud of our team’s dedication to reunite this money and property with its rightful owners. Their work in the last four years represents nearly 35 percent of all unclaimed property returned since the program’s creation in 1961.
Unclaimed property comes from dormant accounts in financial institutions, insurance and utility companies, securities and trust holdings. It can also include tangible belongings such as jewelry, coins, currency, stamps, historical items and other miscellaneous articles from abandoned safe deposit boxes. We work hard to return these unclaimed, lost or unknown funds to their rightful owners because our entire state benefits as a result of the additional discretionary income being circulated back into our local communities and businesses.
Until claimed, unclaimed funds are deposited into Florida's school fund for the benefit of public education. There is no statute of limitations and consumers have the right to claim their property at any time, at no cost.
I encourage anyone who has ever resided in Florida or has relatives who live or have lived in our state to visit
www.fltreasurehunt.org to learn if there is unclaimed property that we can return to them. Our website has a "search" function, which allows you to create and print claim forms for any accounts to which you are entitled. Each claim form includes instructions and lists the documentation required to prove the claim.
For answers to frequently asked questions about unclaimed property,
Chief Financial Officer
State of Florida
Florida Economic Briefs
Florida home to 2 of the top 3 cities in nation with best jobs outlook
Two Florida cities, Cape Coral and Deltona, rank among the top 3 nationally for best jobs outlook heading into 2015. A quarterly survey found that a net 32 percent of employers in Cape Coral and a net 26 percent of employers in Deltona plan to hire new staff in the first quarter of 2015, which is significantly higher than the national rate of 16 percent.
Florida ranked in top 5 for most entrepreneur-friendly states
Florida ranks as the 5th friendliest Policy Environment for Small Business and Entrepreneurship in the nation, according to a new report by the Small Business and Entrepreneurship Council. The report was based on 42 state indicators relating to taxes, regulations, and government spending.
Source: Small Business and Entrepreneurship Council
Bottom Line on the Success of Veteran-owned Businesses
edition of Florida’s Bottom Line highlights
the active role Florida’s veterans play in contributing to our
flourishing economy. According to the U.S. Small Business
Administration, veterans are 45 percent more likely than
civilian counterparts to become successful entrepreneurs.
Today, Florida ranks third nationally for the greatest number of
veteran-owned businesses, which provide more than $61 billion in revenue
annually and employ more than 310,000 Floridians. Additionally, you’ll
find helpful resources for veterans interested in starting their own
business or who are in search of a job.