Treasury Returns $425,000 in Unclaimed Funds to Cities and Towns
Unclaimed Assets Distributed to 124 Municipalities Across the Commonwealth
Treasurer Steven Grossman today announced that his office’s Unclaimed Property Division has returned nearly $425,000 in unclaimed monetary property owned by 124 cities and towns across Massachusetts. The communities, which received their money throughout 2011, are detailed in the attached list.
“Our proactive approach toward identifying this property is welcomed by cash-strapped cities and towns, particularly at a time when they are looking for new sources of revenue,” said Grossman. “Our fundamental belief is that we are the steward of these funds - not the owner. Our goal is to reunite more people, institutions, and governments with their rightfully owned property.”
Over the past year, the Treasurer’s office has enhanced its outreach efforts with the goal of returning more unclaimed property to rightful owners. This outreach has led to a 28% increase in property returned last year, with a record total of 33,400 claims worth $76 million being paid, up from 28,700 claims worth $59 million in the prior year. Treasury staff also worked closely with Veterans Service Officers to coordinate mailings directed towards the more than 3,200 service members from Massachusetts who were on existing unclaimed property lists.
Unclaimed Property includes forgotten savings and checking accounts, un-cashed checks, insurance policy proceeds, stocks, dividends, and contents of unattended safe deposit boxes. Many of these accounts are considered “abandoned” and turned over to the Treasury after three years with no activity. Over the last six months alone, $150 million in new unclaimed property has been turned over to the state, contributing to a total of approximately $2 billion that the Commonwealth is holding in trust until rightful owners can be identified.
The Treasury releases an updated list of unclaimed assets every six months as new accounts are turned over to the Commonwealth. There is no time limit to claim this property and, in many cases, claimants will receive interest. To determine if they have unclaimed property, citizens can call 888-344-MASS or visit www.findmassmoney.com.
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CITY OR TOWN | DATA | TOTAL |
Payee Name |
|
|
CITY OF BOSTON | Count of Amount Paid | 28 |
| Sum of Amount Paid | $15,293.17 |
CITY OF BROCKTON | Count of Amount Paid | 2 |
| Sum of Amount Paid | $2,065.69 |
CITY OF CAMBRIDGE | Count of Amount Paid | 14 |
| Sum of Amount Paid | $12,807.69 |
CITY OF CHELSEA | Count of Amount Paid | 2 |
| Sum of Amount Paid | $35.32 |
CITY OF CHICOPEE | Count of Amount Paid | 2 |
| Sum of Amount Paid | $12,108.40 |
CITY OF EASTHAMPTON | Count of Amount Paid | 2 |
| Sum of Amount Paid | $63.62 |
CITY OF EVERETT | Count of Amount Paid | 12 |
| Sum of Amount Paid | $28,390.64 |
CITY OF FALL RIVER | Count of Amount Paid | 9 |
| Sum of Amount Paid | $2,731.91 |
CITY OF HAVERHILL | Count of Amount Paid | 1 |
| Sum of Amount Paid | $76.12 |
CITY OF HOLYOKE | Count of Amount Paid | 1 |
| Sum of Amount Paid | $66.07 |
CITY OF LAWRENCE | Count of Amount Paid | 1 |
| Sum of Amount Paid | $64,639.54 |
CITY OF LOWELL | Count of Amount Paid | 9 |
| Sum of Amount Paid | $3,312.78 |
CITY OF MEDFORD | Count of Amount Paid | 1 |
| Sum of Amount Paid | $357.15 |
CITY OF NEWBURYPORT | Count of Amount Paid | 14 |
| Sum of Amount Paid | $1,223.23 |
CITY OF NEWTON | Count of Amount Paid | 6 |
| Sum of Amount Paid | $3,249.95 |
CITY OF NORTH ADAMS | Count of Amount Paid | 5 |
| Sum of Amount Paid | $375.40 |
CITY OF NORTHAMPTON | Count of Amount Paid | 3 |
| Sum of Amount Paid | $1,271.48 |
CITY OF PITTSFIELD | Count of Amount Paid | 2 |
| Sum of Amount Paid | $1,125.07 |
CITY OF QUINCY | Count of Amount Paid | 16 |
| Sum of Amount Paid | $8,216.29 |
CITY OF SALEM | Count of Amount Paid | 6 |
| Sum of Amount Paid | $461.53 |
CITY OF SOMERVILLE | Count of Amount Paid | 1 |
| Sum of Amount Paid | $35.20 |
CITY OF SPRINGFIELD | Count of Amount Paid | 63 |
| Sum of Amount Paid | $8,392.09 |
CITY OF TAUNTON | Count of Amount Paid | 1 |
| Sum of Amount Paid | $1,547.91 |
CITY OF WALTHAM | Count of Amount Paid | 5 |
| Sum of Amount Paid | $583.96 |
CITY OF WESTFIELD | Count of Amount Paid | 12 |
| Sum of Amount Paid | $989.17 |
CITY OF WORCESTER | Count of Amount Paid | 15 |
| Sum of Amount Paid | $15,139.88 |
TOWN OF ACUSHNET | Count of Amount Paid | 1 |
| Sum of Amount Paid | $63.33 |
TOWN OF ADAMS | Count of Amount Paid | 2 |
| Sum of Amount Paid | $257.34 |
TOWN OF AMHERST | Count of Amount Paid | 2 |
| Sum of Amount Paid | $319.39 |
TOWN OF ANDOVER | Count of Amount Paid | 1 |
| Sum of Amount Paid | $582.46 |
TOWN OF AYER | Count of Amount Paid | 1 |
| Sum of Amount Paid | $5.17 |
TOWN OF BELLINGHAM | Count of Amount Paid | 1 |
| Sum of Amount Paid | $5,367.53 |
TOWN OF BILLERICA | Count of Amount Paid | 1 |
| Sum of Amount Paid | $491.84 |
TOWN OF BOURNE | Count of Amount Paid | 1 |
| Sum of Amount Paid | $301.67 |
TOWN OF BRIDGEWATER | Count of Amount Paid | 1 |
| Sum of Amount Paid | $128.81 |
TOWN OF BROOKLINE | Count of Amount Paid | 5 |
| Sum of Amount Paid | $28,121.31 |
TOWN OF BURLINGTON | Count of Amount Paid | 2 |
| Sum of Amount Paid | $808.32 |
TOWN OF CHARLTON | Count of Amount Paid | 1 |
| Sum of Amount Paid | $523.55 |
TOWN OF CHELMSFORD | Count of Amount Paid | 1 |
| Sum of Amount Paid | $76,640.21 |
TOWN OF CHESTERFIELD | Count of Amount Paid | 1 |
| Sum of Amount Paid | $50.28 |
TOWN OF COHASSET | Count of Amount Paid | 2 |
| Sum of Amount Paid | $1,223.52 |
TOWN OF CONCORD | Count of Amount Paid | 4 |
| Sum of Amount Paid | $3,356.43 |
TOWN OF DANVERS | Count of Amount Paid | 1 |
| Sum of Amount Paid | $5.19 |
TOWN OF DARTMOUTH | Count of Amount Paid | 1 |
| Sum of Amount Paid | $113.42 |
TOWN OF DEDHAM | Count of Amount Paid | 3 |
| Sum of Amount Paid | $715.12 |
TOWN OF DEERFIELD | Count of Amount Paid | 1 |
| Sum of Amount Paid | $74.55 |
TOWN OF DIGHTON | Count of Amount Paid | 2 |
| Sum of Amount Paid | $18.12 |
TOWN OF DOUGLAS | Count of Amount Paid | 5 |
| Sum of Amount Paid | $237.95 |
TOWN OF DOVER | Count of Amount Paid | 6 |
| Sum of Amount Paid | $2,153.36 |
TOWN OF DUDLEY | Count of Amount Paid | 1 |
| Sum of Amount Paid | $75.62 |
TOWN OF DUXBURY | Count of Amount Paid | 1 |
| Sum of Amount Paid | $22.54 |
TOWN OF EAST BRIDGEWATER | Count of Amount Paid | 1 |
| Sum of Amount Paid | $100.29 |
TOWN OF EAST BROOKFIELD | Count of Amount Paid | 1 |
| Sum of Amount Paid | $152.32 |
TOWN OF EASTON | Count of Amount Paid | 4 |
| Sum of Amount Paid | $1,111.04 |
TOWN OF FOXBOROUGH | Count of Amount Paid | 1 |
| Sum of Amount Paid | $507.77 |
TOWN OF FRANKLIN | Count of Amount Paid | 1 |
| Sum of Amount Paid | $882.73 |
TOWN OF GEORGETOWN | Count of Amount Paid | 1 |
| Sum of Amount Paid | $101.28 |
TOWN OF GRAFTON | Count of Amount Paid | 1 |
| Sum of Amount Paid | $7.92 |
TOWN OF HANSON | Count of Amount Paid | 1 |
| Sum of Amount Paid | $124.07 |
TOWN OF HARVARD | Count of Amount Paid | 1 |
| Sum of Amount Paid | $305.57 |
TOWN OF HINGHAM | Count of Amount Paid | 3 |
| Sum of Amount Paid | $946.97 |
TOWN OF HOLDEN | Count of Amount Paid | 1 |
| Sum of Amount Paid | $6.13 |
TOWN OF HOLLAND | Count of Amount Paid | 1 |
| Sum of Amount Paid | $479.69 |
TOWN OF HUDSON | Count of Amount Paid | 2 |
| Sum of Amount Paid | $813.17 |
TOWN OF HULL | Count of Amount Paid | 5 |
| Sum of Amount Paid | $3,443.20 |
TOWN OF LEE | Count of Amount Paid | 1 |
| Sum of Amount Paid | $5.19 |
TOWN OF LENOX | Count of Amount Paid | 2 |
| Sum of Amount Paid | $1,044.36 |
TOWN OF LEXINGTON | Count of Amount Paid | 1 |
| Sum of Amount Paid | $375.06 |
TOWN OF LITTLETON | Count of Amount Paid | 1 |
| Sum of Amount Paid | $84.69 |
TOWN OF MANCHESTER | Count of Amount Paid | 7 |
| Sum of Amount Paid | $1,724.54 |
TOWN OF MASHPEE | Count of Amount Paid | 3 |
| Sum of Amount Paid | $1,178.53 |
TOWN OF MEDFIELD | Count of Amount Paid | 1 |
| Sum of Amount Paid | $502.74 |
TOWN OF MEDWAY | Count of Amount Paid | 1 |
| Sum of Amount Paid | $78,186.35 |
TOWN OF MILLBURY | Count of Amount Paid | 2 |
| Sum of Amount Paid | $170.73 |
TOWN OF MILTON | Count of Amount Paid | 2 |
| Sum of Amount Paid | $96.71 |
TOWN OF NEEDHAM | Count of Amount Paid | 1 |
| Sum of Amount Paid | $708.59 |
TOWN OF NORFOLK | Count of Amount Paid | 1 |
| Sum of Amount Paid | $89.30 |
TOWN OF NORTHBOROUGH | Count of Amount Paid | 1 |
| Sum of Amount Paid | $53.67 |
TOWN OF ORLEANS | Count of Amount Paid | 1 |
| Sum of Amount Paid | $10.79 |
TOWN OF PEPPERELL | Count of Amount Paid | 2 |
| Sum of Amount Paid | $110.81 |
TOWN OF PETERSHAM | Count of Amount Paid | 1 |
| Sum of Amount Paid | $53.07 |
TOWN OF PLYMOUTH | Count of Amount Paid | 5 |
| Sum of Amount Paid | $1,058.29 |
TOWN OF PROVINCETOWN | Count of Amount Paid | 1 |
| Sum of Amount Paid | $84.38 |
TOWN OF RANDOLPH | Count of Amount Paid | 3 |
| Sum of Amount Paid | $197.24 |
TOWN OF RAYNHAM | Count of Amount Paid | 1 |
| Sum of Amount Paid | $23.74 |
TOWN OF READING | Count of Amount Paid | 3 |
| Sum of Amount Paid | $4,844.51 |
TOWN OF ROCKLAND | Count of Amount Paid | 1 |
| Sum of Amount Paid | $721.28 |
TOWN OF ROYALSTON | Count of Amount Paid | 2 |
| Sum of Amount Paid | $6.33 |
TOWN OF SANDWICH | Count of Amount Paid | 2 |
| Sum of Amount Paid | $2,806.96 |
TOWN OF SEEKONK | Count of Amount Paid | 1 |
| Sum of Amount Paid | $330.81 |
TOWN OF SHERBORN | Count of Amount Paid | 2 |
| Sum of Amount Paid | $1,217.54 |
TOWN OF SHIRLEY | Count of Amount Paid | 2 |
| Sum of Amount Paid | $184.38 |
TOWN OF SHREWSBURY | Count of Amount Paid | 1 |
| Sum of Amount Paid | $42.65 |
TOWN OF SOMERSET | Count of Amount Paid | 1 |
| Sum of Amount Paid | $443.53 |
TOWN OF SOUTH HADLEY | Count of Amount Paid | 5 |
| Sum of Amount Paid | $1,221.87 |
TOWN OF SOUTHBOROUGH | Count of Amount Paid | 1 |
| Sum of Amount Paid | $233.72 |
TOWN OF SPENCER | Count of Amount Paid | 1 |
| Sum of Amount Paid | $17.62 |
TOWN OF STERLING | Count of Amount Paid | 5 |
| Sum of Amount Paid | $1,012.57 |
TOWN OF STONEHAM | Count of Amount Paid | 1 |
| Sum of Amount Paid | $507.71 |
TOWN OF STOUGHTON | Count of Amount Paid | 1 |
| Sum of Amount Paid | $50.25 |
TOWN OF SUNDERLAND | Count of Amount Paid | 1 |
| Sum of Amount Paid | $73.40 |
TOWN OF SUTTON | Count of Amount Paid | 1 |
| Sum of Amount Paid | $190.69 |
TOWN OF SWANSEA | Count of Amount Paid | 3 |
| Sum of Amount Paid | $42.58 |
TOWN OF TEWKSBURY | Count of Amount Paid | 2 |
| Sum of Amount Paid | $1,622.82 |
TOWN OF UXBRIDGE | Count of Amount Paid | 4 |
| Sum of Amount Paid | $1,341.21 |
TOWN OF WAKEFIELD | Count of Amount Paid | 3 |
| Sum of Amount Paid | $934.34 |
TOWN OF WARE | Count of Amount Paid | 1 |
| Sum of Amount Paid | $56.41 |
TOWN OF WAREHAM | Count of Amount Paid | 2 |
| Sum of Amount Paid | $34.17 |
TOWN OF WATERTOWN | Count of Amount Paid | 1 |
| Sum of Amount Paid | $58.94 |
TOWN OF WAYLAND | Count of Amount Paid | 2 |
| Sum of Amount Paid | $96.27 |
TOWN OF WEBSTER | Count of Amount Paid | 1 |
| Sum of Amount Paid | $214.29 |
TOWN OF WELLESLEY | Count of Amount Paid | 6 |
| Sum of Amount Paid | $88.73 |
TOWN OF WEST NEWBURY | Count of Amount Paid | 2 |
| Sum of Amount Paid | $69.71 |
TOWN OF WEST SPRINGFIELD | Count of Amount Paid | 7 |
| Sum of Amount Paid | $296.48 |
TOWN OF WESTBORO | Count of Amount Paid | 1 |
| Sum of Amount Paid | $74.39 |
TOWN OF WESTMINSTER | Count of Amount Paid | 3 |
| Sum of Amount Paid | $414.94 |
TOWN OF WESTPORT | Count of Amount Paid | 1 |
| Sum of Amount Paid | $25.64 |
TOWN OF WESTWOOD | Count of Amount Paid | 2 |
| Sum of Amount Paid | $2,159.08 |
TOWN OF WINCHENDON | Count of Amount Paid | 2 |
| Sum of Amount Paid | $171.24 |
TOWN OF WINTHROP | Count of Amount Paid | 1 |
| Sum of Amount Paid | $738.88 |
TOWN OF YARMOUTH | Count of Amount Paid | 1 |
| Sum of Amount Paid | $241.22 |
(blank) | Count of Amount Paid |
|
| Sum of Amount Paid |
|
TOWN OF MOUNT WASHINGTON | Count of Amount Paid | 1 |
| Sum of Amount Paid | $511.47 |
TOWN OF HAMPDEN | Count of Amount Paid | 4 |
| Sum of Amount Paid | $564.18 |
TOWN OF GRANVILLE | Count of Amount Paid | 1 |
| Sum of Amount Paid | $12.97 |
TOWN OF MONTGOMERY | Count of Amount Paid | 1 |
| Sum of Amount Paid | $10.56 |
Total Count of Amount Paid |
| 426 |
Total Sum of Amount Paid |
| $424,643.56 |