Time is Running Out

Time is Running Out

Riverside, CA

Business and residential property owners in Riverside County are reminded they have until August 1 to file for unclaimed property tax refunds. A list of all unclaimed property tax refunds from the tax year 2012 and before, in addition to filing instructions, are available on the Treasurer-Tax Collector’s website: http:// www.countytreasurer.org/TaxCollector/UnclaimedMoney/ PropertyTaxUnclaimedRefund.aspx. 

According to Treasurer-Tax Collector Don Kent, 575 refunds totaling $586,728.78 remain unclaimed. Most of the unclaimed refunds resulted from valuation reductions by the county Assessor and are related to corrections or cancellations to the tax roll after taxes had already been paid. 

Any property tax refunds that remain unclaimed for four years after the payment date – or one year after a requested claim form has been mailed back to a taxpayer by the county, whichever is later – can be ordered transferred to the county general fund by the Board of Supervisors.

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