Monday, August 15, 2022

Rocky Point Elementary receives $500 check from state treasurer

Rocky Point principal April Perkins, second from left, accepts a $500 check of unclaimed funds from State Treasurer Dale Folwell, third from left. (Courtesy/Pender County Schools)

PENDER COUNTY — State Treasurer Dale Folwell has been returning money to organizations it rightly belongs to. Monday, he presented a check for $500 to Rocky Point Elementary School.

“This is a pretty good way to start off a new week,” Pender County Schools Superintendent Dr. Steven Hill said in a press release. “To receive a check from the state is a nice surprise, and it comes at a good time as schools are preparing for the start of a new year. The calendar says June, but August will be here before we know it.”

The first day of the 2022-2023 Pender County Schools is Aug. 29.

The money was turned over by the unclaimed property division (UPD) of the Department of the State Treasurer. Oftentimes the money comes from bank accounts, wages, utility deposits and other items that have been abandoned.

“When you receive a random phone call informing you of receiving money from an unverified source, there’s a bit of skepticism,” Rocky Point principal Ms. Perkins said in the release. “Upon verification, it was exciting news, and we look forward to finding a good use for the unexpected additional funds.”

The money was located during a routine review of records by the UPD and originated from Target. It is unclear if the money was the result of a gift card, refund or other means.

“It’s gratifying and I think anytime any board of education member, whether it’s the state level or local level, gets an opportunity to step foot in a school it’s a good thing.” Folwell said in the release. “It means a lot to me as a school board member to be able to connect with the people who are actually doing the work, so delivering this check today was very gratifying.”

Folwell kickstarted the NC Cash Match program in October to speed up the return of money to its rightful owners.

He distributed $70.4 million to people from July 1, 2020, through June 30, 2021. More than $1 billion of unclaimed property is still waiting to be claimed in North Carolina. Visit the website for more information or to see if you may be owed funds.

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