Unclaimed Fund Policy

On an annual basis, the City of Tracy reviews the Aging Report for outstanding Accounts Payable checks. Unclaimed Funds may include, but are not limited to stale dated checks, bond coupons, trust funds, deposits held for various purposes by City departments, and overpayments for City services. For funds that have been unclaimed for at least a three-year period, a notice will be published for the public.

Upon or prior to publication, a party of interest may file a claim for the funds with the Finance Department, using the Unclaimed Money Claim Form, which must be submitted and accepted before the date identified in the notice. The Finance Department can require additional information to help verify the claimant, prior to reissuing the funds.

Once the date on the publication notice has passed, any remaining Unclaimed Funds will become the property of the City of Tracy. Finance will transfer the unclaimed funds to the fund of origin, if unknown, the General Fund for the City. This procedure is in accordance with Government Code Sections 50050 through 50057 for the proper disposition and accounting for unclaimed money.