Maine Report of Disbursements

State:
Maine
Control #:
ME-SKU-0444
Format:
PDF
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Description

Report of Disbursements

Maine Report of Disbursements is a publicly available document that provides detailed information about government expenditures in the state of Maine. It includes records of all payments made by the state government, including salaries, contracts, grants, and other disbursements. The report is issued by the Maine Department of Administrative and Financial Services and contains information for the previous six fiscal years. The report is divided into two parts: the Summary of Disbursements and the Detail of Disbursements. The Summary of Disbursements includes an overview of government spending, including total expenditures by agency, fund, and type of expenditure. The Detail of Disbursements provides information on individual disbursements, including the date, vendor, amount, and purpose of payment. This report is an important resource for citizens of Maine to track and understand how their tax dollars are being spent.

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FAQ

Is there a time limit for claiming unclaimed funds held by the state? No, there is no time limit and no fee for this service. The State of Maine holds unclaimed funds in trust - with the State Treasurer as custodian - until the funds are claimed by the owner or heir. The State never takes ownership of the money.

Maine revenue is $5.5B annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics. Maine has 4,250 employees, and the revenue per employee ratio is $1,294,117. Maine peak revenue was $5.5B in 2022.

Any funds which have "escheated" to the State of Maine may be recovered by the owner by contacting the State Treasurer's Office at (207) 624-7470 or toll-free in Maine at 888-283-2808. To send e-mail or learn more about abandoned property, visit the State Treasurer's Unclaimed Property Division web site.

What is unclaimed property? Unclaimed property is generally defined as any financial asset that has been left inactive by the owner for a period of time specified by law, usually three years. The California Unclaimed Property Law does not address real estate or abandoned personal property.

Nonactivated stored-value obligations or other nonactivated electronic medium that require activation for use, one year after funds would have otherwise first been available to the owner.

In Maine must file Unclaimed Property Reports by May 1st of each year. The dormancy period for unused gift obligations is two (2) years after December 31st of the year in which the obligation arises or the most recent transaction occurred, whichever is later.

Any funds which have "escheated" to the State of Maine may be recovered by the owner by contacting the State Treasurer's Office at (207) 624-7470 or toll-free in Maine at 888-283-2808. To send e-mail or learn more about abandoned property, visit the State Treasurer's Unclaimed Property Division web site.

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Maine Report of Disbursements