State doles out $7.2 million in unclaimed property to Grayson County residents

By: Steven Powell Email
By: Steven Powell Email

GRAYSON COUNTY, TX -- Dozens of residents lined up at the courthouse Friday to claim property owed by the state comptroller's office.

The county treasurer's office set up the event to help residents after realizing the State owed $7.2 million to Grayson County entities.

Tom Bean ISD Superintendent Kathy Garrison claimed more than $600 for the district Friday.

"And that's a lot in school funding in today's time," she said. "It's like Christmas in August for us. We're just so excited."

County Treasurer Trent Bass said one in four Texans have unclaimed money with the State.

He said the average claim was $1,000.

"The largest claim that was on that top 100 list was $100,000," he said.

And he said the county claimed $10,000 for itself, which goes into the county's general fund.

"$10,000, that's nothing to sneeze at. That's a lot of money. We can use that," he said.

But Bass said it's not the only way the county benefits from the event.

"Over $7 million inside of Grayson County; if we can just return 10 percent of that, that's $700,000 right into our local economy."

Garrison said she has a list of the different entities within the district that the money belongs to. She said she'll distribute it to the appropriate activity accounts.

"Everyone needs to check their unclaimed property, you never know what's out there," she said.

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