(Radio Iowa) – State Treasurer Roby Smith says it’s not just individuals who may find money in the “Great Iowa Treasure Hunt” managed by his office. By law, unclaimed assets in Iowa are to be turned over to the State Treasurer’s office.

Smith went to the Des Moines Community Playhouse Monday afternoon to present some unclaimed property to the non-profit.

David Kilpatrick, executive director of the Des Moines Community Playhouse, accepted the 316 dollars.

Kilpatrick says the unclaimed funds came from a school district that set aside money for students to attend a performance at the Playhouse, but somehow never paid for the tickets.

Smith says the state treasurer’s office returned 34 million dollars in unclaimed property last year.

Smith says about one in 10 Iowans has some unclaimed property in the state treasurer’s office.