Photo courtesy of State Treasurer’s Office
The Mississippi Department of Transportation recently became the beneficiary of a large sum of unclaimed property.
State Treasurer David McRae presented MDOT Executive Director Brad White with a check for unclaimed money worth more than $50,000. The funds owed to MDOT were turned over to the State Treasurer’s office from banks and other entities after sitting unclaimed for an extended amount of time.
“Taxpayers intended for these funds to be used to repair our roads and bridges and improve the state’s infrastructure,” Treasurer McRae said. “I am very pleased to have found and returned these funds so they can be invested in the projects that improve the way we live and work in Mississippi.”
MDOT says they will use the money for road and bridge projects around the state.
You could have money waiting for you to claim it as well. According to McRae, about one in 10 people have some amount of unclaimed money in the state. To search for unclaimed property in your name, visit Treasury.MS.gov.