Unclaimed Property Division Paid Back Nearly $80 Million in 2025, Highlighting Strong Performance
July 30, 2025 (DENVER) — The Colorado Department of the Treasury’s Unclaimed Property Division has closed out the 2024-2025 fiscal year with record-setting results for the Great Colorado Payback, the state’s program to return unclaimed property to its rightful owners.
The Division paid more than 86,000 claims totaling nearly $79.9 million, marking a 22.5% increase in funds returned over the previous year and capping off five years of sustained growth, operational improvements, and increased transparency.
“I am thrilled to see The Great Colorado Payback putting millions back into the pockets of hardworking Coloradans when they need it most,” said Colorado State Treasurer Dave Young. “These record-breaking numbers prove that when we invest in public outreach, process improvements, and proactive claim returns, we get real results for our state.”
Five Years of Progress
Since 2019, the Unclaimed Property Division has transformed its operations to better serve Coloradans, returning more than $338 million to individuals, businesses, nonprofits, and local governments across the state. This year, the Division resolved 190% more claims than in 2019, when it closed almost 30,000 claims.
With a strong focus on efficiency and accountability, the Division has dramatically shortened processing times and improved its outreach strategy. After verification, the average claim takes just 11 days to process and under two days to pay. With more proactive outreach, the Treasury anticipates continued growth in claims filed and property returned in the coming years.
Colorado recently strengthened the program by passing HB 25-1224, also known as the revised Uniform Unclaimed Property Act (RUUPA). The legislation updates reporting requirements and enhances consumer protections, supporting the program’s long-term growth and efficacy.
“This legislation brings Colorado’s unclaimed property laws into the modern era so the Department can continue to exceed benchmarks and protect the private unclaimed dollars we hold in trust,” said Leah Marvin-Riley, Policy Director for the Colorado Department of the Treasury. “These updates will accelerate our work to return missing money while maintaining our fiduciary responsibility to safeguard taxpayer dollars.”
Your Money Is Waiting
The Great Colorado Payback is urging Coloradans to visit GreatCOPayback.com to check whether they, their family, friends, or businesses are owed money. The process is safe, secure, and completely free, and could lead to a meaningful return.
###
About the Colorado Department of the Treasury
The Colorado Department of the Treasury is the constitutional guardian of the public’s funds. It is the Treasury’s duty to manage and account for the taxpayers’ dollars from the time they are received until the time they are disbursed. The Treasury’s staff is committed to safeguarding and managing the people’s monies with the same diligence and care as they do their own. For more information, visit colorado.gov/treasury.