February 25, 2013
Office to absorb cuts to maintain senior services
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"We tried to absorb as many cuts in the central office as we could first," he said. "We wouldn't want to cut more meals, and we wouldn't want to cut more in-home care -- either would be bad."

Also Monday, members of the Senate Finance Committee discussed ways for the state Treasurer's Office to streamline the process for family members to claim property held by the Unclaimed Property Division.

At issue is when unclaimed property is in the name of a deceased family member. Current law requires reopening that person's estate in order for survivors to claim the property.

Sen. Bill Laird, D-Fayette, said that process is time-consuming and costly and discourages families from claiming smaller amounts.

"I think people may leave money lay because it takes more than $200 of work to do that," he said of smaller amounts of unclaimed property.

Treasurer John Perdue said his office is required to follow state law for such claims, and it would be up to the Legislature to change the law to make it easier to claim property under those circumstances.

In 2012, Unclaimed Property returned more than $9.5 million of property to rightful owners. However, the division currently holds about 944,000 accounts with a total value of about $171 million, he said.

Reach Phil Kabler at ph...@wvgazette.com or 304-348-1220.

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