HUNTINGTON, W.Va. (WVDN) – State Treasurer Larry Pack visited Huntington on Thursday, January 23 to present an unclaimed property check worth $33,624.31 to the Cabell County Board of Education.
“I am proud to reunite the Cabell County Board of Education with these lost funds,” Treasurer Pack said. “Our public schools are in dire need of additional funding to meet all their challenges, so that’s why it’s important to get this money back and support our students and educators.”
Treasurer Pack presented the unclaimed property check to Cabell County Schools Superintendent Tim Hardesty and Cabell County Schools Treasurer Drew Rottgen at the Cabell County Board of Education Office Thursday morning.
The funds were from stale dated and miscellaneous checks that were turned over to the State Treasurer’s Office’s Unclaimed Property Division.
“We will put this money in our general fund and it will be used across the district for various educational funding purposes, and will certainly go back to our students,” Superintendent Hardesty said.
Superintendent Hardesty said the Board gets a lot of funding requests from schools that need to put money back into their classrooms. He said the unclaimed property check will help address those needs.
“Anything that we receive like this is certainly a help and a way to overcome some of those obstacles,” Superintendent Hardesty said. “A lot of things throughout the year come up that you haven’t budgeted for and so money that we receive like this will certainly benefit our students throughout the district.”
Treasurer Pack recently announced his Office’s Unclaimed Property Division returned more than $1.6 million worth of funds to individuals, businesses and other organizations during the month of December.
A monthly record $8.5 million in unclaimed property was returned in November. Since the fiscal year began on July 1, the Office’s Unclaimed Property Division has returned more than $22.2 million to rightful owners.
The State Treasurer’s Office has $472.5 million worth of unclaimed property listings in its database. Currently, Cabell County has more than 212,000 unclaimed property listings worth more than $27 million for individuals, businesses and organizations.
West Virginia Cash Now recipients have until mid-March to deposit their unclaimed property checks before the checks stale-date. The Cash Now program launched in 2022 as a new, automated system for sending unclaimed property to its rightful owners – without the need for those individuals to file paperwork with the State Treasurer’s Office.
“It is our responsibility to try and locate the proper owners of unclaimed property,” Treasurer Pack said. “There are so many ways property gets left in different locations, particularly with our economy today, so I encourage everyone to keep checking our unclaimed property data base because you never know if there may be unclaimed property funds in your name.”
For more information about the unclaimed property program or to find out if the Office is holding any money for you or your family, visit www.WVUnclaimedProperty.gov.
