Black River Technical College Receives Unclaimed Property Funds from State Auditor

Black River Technical College (BRTC) in Pocahontas, Arkansas, recently received a check for approximately $1,500 from State Auditor Dennis Milligan. The funds were part of the state's Unclaimed Property program. This program collects unclaimed financial items such as insurance premium overpayments, uncashed checks, and safety deposit box contents. These items are submitted to the State Auditor’s office when the owner cannot be located.

Milligan's office collaborated with BRTC to file the necessary paperwork to claim the unclaimed property. The State Auditor’s office is required to return unclaimed property to its rightful owners free of charge. Milligan stated that the program is not exclusive to businesses.

Milligan also noted that most of the properties in the program are individual claims. Heirs of deceased individuals can also make claims. He urged Arkansas residents to check the online database of the Unclaimed Property program to see if they have unclaimed funds. Since his term began on January 10, 2023, his office has returned over $30 million to citizens.

The check to BRTC was given to Controller Julie Williams, BRTC President Dr. Martin Eggensperger, and Finance & Administration Office Manager Linda Anderson. A photo of the presentation was shared with the announcement.

Dennis Milligan was elected as the State Auditor in 2023. His office is in charge of payroll for over 700 state government officials, Supreme Court justices, prosecuting attorneys, and deputy prosecutors. The office also manages the state’s Unclaimed Property Program.

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