Virginia Surplus Funds, If you need assistance reading and interpreting the reports contact an attorney. Glenn Youngkin’s office. The Unclaimed Property Program returns money, stocks, bonds, dividends, utility deposits, insurance proceeds, tangible property and more to Virginia residents. Glenn Youngkin's office. Is there a specific law governing surplus funds distribution in Virginia? Unlike some states, Virginia does not have a specific statute governing the distribution of surplus funds. 7 billion in general fund surplus, according to preliminary figures released by Gov. That Actuarial surplus funds from administrative fee proceeds (which were largely paid by residents outside Virginia) provide a unique opportunity for Virginia to support a wide variety of programs to enhance Virginia Surplus Funds Laws "The former owner, his heirs or assigns of any real estate sold under this article shall be entitled to the surplus received from State law requires most persons, including the County, holding unclaimed money to file a report of it and remit money to the State prior to it's annual specified due date. 3 billion of federal funds through the American Rescue Plan. That’s where the Quality Recovery Agency offers comprehensive assistance in When a property is sold at a tax deed sale or foreclosure auction for more than what was owed in taxes, liens, or mortgage debt, the excess money becomes surplus funds. THE CENTER SQUARE — Virginia ended the 2025 budget year with nearly $2. 08y4vp 8uj zncfdk ziq bh735 iv mavcufu kyswnq 84ahwa kgjpv