Are you missing something? Every day the City Comptroller receives returned checks that were undeliverable by postal delivery.
Per City Charter, Section 86, after a period of one year unclaimed monies will become property of the local agency following the 45 day required waiting period after public notice has been provided. These funds will be escheated to the City's General Fund and will no longer be available for claiming. The escheatment process occurs annually during the fourth quarter of each fiscal year.
To claim available funds, fill out the Request for Unclaimed Monies Form and mail the properly completed and signed form to the address listed at the bottom of the form. Please allow 3 to 4 weeks processing time.