Treasurer Garrity and Rep. Burns Return More Than $71,000 in Unclaimed Property to Dale Borough

Johnstown, PA - Pennsylvania Treasurer Stacy Garrity, Rep. Frank Burns (D-72) and Dale Borough Mayor Ray Howard announced today that more than $71,000 in unclaimed property has been returned to Dale Borough in Cambria County.

"Part of being a fiscal watchdog is looking out for Pennsylvania taxpayers by returning unclaimed property to their local government agencies. Most unclaimed property belongs to individuals and businesses, but we're also working to return funds to counties and municipalities, and this return to Dale Borough is a great example. I encourage everyone to check our website to see if they, their family, or their business or organization, has money available to be claimed."

Pennsylvania State Treasurer Stacy Garrity

"These funds will definitely help Dale Borough with the budget challenges that we face. I want to thank Treasurer Garrity and Rep. Burns for their help in identifying and returning this money to us."

Dale Borough Mayor Ray Howard

"I view my job as state representative to work with municipalities like Dale Borough to navigate state programs and resources. When I learned of this unclaimed property, I immediately notified borough officials and dropped off the paperwork to file their claim. The $71,000 that's being returned to them is not an insignificant amount and will certainly be put to good use in the borough."

Rep. Frank Burns (D-72)

The $71,505.08 returned to Dale was reported to Treasury as a checking account from 2019. How the funds are spent will be determined by Borough officials.

Treasurer Garrity has returned more than $17.7 million to nearly 100 local government agencies, including counties and municipalities. Treasury is working to return more than $4.5 billion in unclaimed property to its rightful owners, including more than $19 million owed to Cambria County residents. More than 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.

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