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The Disbursements Bureau produces and distributes all payments of the states obligations. In 2023-24 Disbursements issued 64M payments totaling $679B. Examples of some of the states payments are personal income tax refunds, state payroll, vendor payments, in-home supportive services and retirement payments.
Unclaimed property is returned to owners in the form of a check from the state.
The Controllers team mails these annual notices in an effort to connect owners with their property before it is sent to the state government for safekeeping.
Before property is transferred to the state, the State Controllers Office sends a notice to all property owners with property valued at $50 or more informing them that they have property that will be transferred to the state unless they notify the business by a certain date.
Elected every four years, the Controller is responsible for accountability and disbursement of the states financial resources. The Controller also safeguards many types of property until claimed by the rightful owners, and has independent auditing authority over government agencies that spend state funds.

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Unclaimed Property Claims Property owner claims that only involve cash may be processed in as little as 30 to 60 days. More complex claims, such as those filed by heirs, those involving multiple owners, or those involving businesses are generally processed within the 180 day period.
The State Controllers Office (SCO) prepares and releases warrants (another word for checks or payments) and electronic fund transfers from the State Treasury. SCO warrants are signed by Malia M. Cohen, and warrant numbers contain digits in the following format: 12-345678.

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