Unclaimed Funds

Under Government Code Section 50050-50057, funds that are not the property of a local agency that remain unclaimed for three years become the property of the local agency after notice, if not claimed or if no verified complaint is filed and served. At any time after the expiration of the three-year period, the Finance Department of the local agency may cause a notice to be published, once a week for two successive weeks, in a newspaper of general circulation. The notice will state the amount of money, the fund in which it is held and that it is proposed that the money will become the property of the local agency on a designated date, not less than 45 or more than 60 days after the first publication of the notice. Upon or prior to publication, a party of interest may file a claim with the Finance Department which must include the claimant’s name, address, amount of claim, the grounds on which the claim is founded and any other information required by the Finance Department. The Finance Director shall accept or reject that claim. When any such money becomes the property of a local agency, the Finance Director may transfer it to the general fund.

   Unclaimed Funds Newspaper Publication (2016) 
              First publication - October 21, 2016
            Second publication - October 28, 2016
 Unclaimed Funds - Claim Form
            All claims must be submitted to Finance Department no later than December 19, 2016
                                        City of South San Francisco
                                        Attn: Finance Dept- unclaimed funds
                                        PO Box 711
                                        South San Francisco, CA 94083
State of California Unclaimed funds: https://ucpi.sco.ca.gov/UCP