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The controller acts as the state's accountant and bookkeeper, tracking and controlling disbursement of state funds from the treasury. The controller also administers the Uniform State Payroll System, audits various state and local government programs, and disburses state aid to lower-level governments.
Residents and business owners can search the database of unclaimed assets and submit a claim at the state's website, claimit.ca.gov, or by calling (800) 992-4647.
The Controller is the state's independent fiscal watchdog, providing sound fiscal control over more than $100 billion in receipts and disbursements of public funds a year, offering fiscal guidance to local governments, and uncovering fraud and abuse of taxpayer dollars.
Claiming Your Property. Did you receive a letter that looks like this? The Controller's team mails these annual notices in an effort to connect owners with their property before it is sent to the state government for safekeeping.
Administration and Disbursements Division Produces the warrants (checks) and electronic fund transfers from the State Treasury, annually issuing about 49 million payments including state payroll, retirement rolls, Medi-Cal, personal income tax refunds, and payments to vendors.
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If you are receiving a letter from the State Controller, they are requesting your tax return for the previous three years. Please keep in mind that this is due to a change in federal law.
\u201cState Controller, Betty Yee's office issued 49 million checks in payments totaling $320 billion in 2018 in her capacity as 'chief fiscal officer' for the state whose economy is the fifth-largest in the entire world,\u201d Epoch Times reported.
How will I receive payment? You will receive a warrant (a check from the state) in the mail from the State Controller's Office. There is no option for direct deposit for unclaimed property payments.
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.
How will I receive payment? You will receive a warrant (a check from the state) in the mail from the State Controller's Office. There is no option for direct deposit for unclaimed property payments.

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