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CALIFORNIA Economic Stimulus Payments Update, September 7, 2008

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CALIFORNIA Economic Stimulus Payments Update, September 7, 2008 CALIFORNIA Economic Stimulus Payments Update, September 7, 2008 To boost the flagging economy, Congress authorized economic stimulus payments that eligible households claim by filing a 2007 tax return. However, the IRS identified about 20 million low-income seniors, disabled veterans and others with disabilities who are not otherwise required to file a tax return and, as a result, are at risk of missing out on their $300 payments ($600 for married couples). On September 7, the IRS announced that 4.3 million people in this group had not yet filed. With the cost of energy, food and other expenses on the rise, the economic stimulus payments are as critical as ever, and assistance is available to those who need it. Eligible people have until October 15 to file for their payments. Total Remaining to File in California: 499,104 Value of Remaining Unclaimed Payments: $149,731,200 Cities in the top 100 nationwide with unclaimed payments Number Remaining Value of City to File as of 9/7/08 Unclaimed Payments LOS ANGELES 34,855 $10,456,500 SAN DIEGO 16,032 $4,809,600 SAN FRANCISCO 13,486 $4,045,800 SACRAMENTO 11,418 $3,425,400 SAN JOSE 9,637 $2,891,100 FRESNO 7,534 $2,260,200 BAKERSFIELD 7,261 $2,178,300 OAKLAND 6,841 $2,052,300 LONG BEACH 6,602 $1,980,600 STOCKTON 5,635 $1,690,500 RIVERSIDE 5,493 $1,647,900 SAN BERNARDINO 4,205 $1,261,500 MODESTO 3,986 $1,195,800 ANAHEIM 3,913 $1,173,900 Counties in the top 100 nationwide with unclaimed payments Number Remaining Value of County to File as of 9/7/08 Unclaimed Payments LOS ANGELES 133,604 $40,081,200 SAN DIEGO 41,916 $12,574,800 ORANGE 31,879 $9,563,700 RIVERSIDE 30,485 $9,145,500 SAN BERNARDINO 27,605 $8,281,500 ALAMEDA 19,571 $5,871,300 SACRAMENTO 17,893 $5,367,900 SANTA CLARA 17,229 $5,168,700 SAN FRANCISCO 13,473 $4,041,900 CONTRA COSTA 12,450 $3,735,000 KERN 11,883 $3,564,900 FRESNO 11,684 $3,505,200 VENTURA 10,068 $3,020,400 SAN JOAQUIN 9,697 $2,909,100 Unclaimed payments by county Number Remaining Value of County to File as of 9/7/08 Unclaimed Payments ALAMEDA 19,571 $5,871,300 ALPINE 19 $5,700 AMADOR 625 $187,500 BUTTE 4,836 $1,450,800 CALAVERAS 893 $267,900 COLUSA 312 $93,600 CONTRA COSTA 12,450 $3,735,000 DEL NORTE 751 $225,300 EL DORADO 2,440 $732,000 FRESNO 11,684 $3,505,200 GLENN 548 $164,400 HUMBOLDT 3,361 $1,008,300 IMPERIAL 3,398 $1,019,400 INYO 410 $123,000 KERN 11,883 $3,564,900 KINGS 1,626 $487,800 LAKE 1,994 $598,200 LASSEN 516 $154,800 LOS ANGELES 133,604 $40,081,200 MADERA 2,070 $621,000 MARIN 3,399 $1,019,700 MARIPOSA 385 $115,500 MENDOCINO 2,377 $713,100 MERCED 3,280 $984,000 MODOC 257 $77,100 MONO 103 $30,900 MONTEREY 5,215 $1,564,500 NAPA 2,727 $818,100 NEVADA 1,712 $513,600 ORANGE 31,879 $9,563,700 PLACER 3,784 $1,135,200 PLUMAS 505 $151,500 RIVERSIDE 30,485 $9,145,500 SACRAMENTO 17,893 $5,367,900 SAN BENITO 548 $164,400 SAN BERNARDINO 27,605 $8,281,500 SAN DIEGO 41,916 $12,574,800 SAN FRANCISCO 13,473 $4,041,900 SAN JOAQUIN 9,697 $2,909,100 SAN LUIS OBISPO 3,954 $1,186,200 SAN MATEO 7,517 $2,255,100 SANTA BARBARA 5,977 $1,793,100 SANTA CLARA 17,229 $5,168,700 SANTA CRUZ 3,879 $1,163,700 SHASTA 4,957 $1,487,100 SIERRA 76 $22,800 SISKIYOU 1,263 $378,900 SOLANO 5,218 $1,565,400 SONOMA 7,430 $2,229,000 STANISLAUS 7,389 $2,216,700 SUTTER 1,272 $381,600 TEHAMA 1,390 $417,000 TRINITY 472 $141,600 TULARE 6,326 $1,897,800 TUOLUMNE 1,140 $342,000 VENTURA 10,068 $3,020,400 YOLO 2,126 $637,800 YUBA 1,190 $357,000 IRS Media Contacts: Los Angeles, Ventura, Santa Barbara, Kern, and Inyo Counties - Victor Omelczenko 213-576-3010; San Francisco Bay Area, Central Coast, and Metropolitan Fresno - Jesse Weller 510-637-2800; Northern California Counties - Kathy Howell 503-326-7256; Southern California Counties - Raphael Tulino 619-615-9500 For more information, contact the Center on Budget and Policy Priorities at [email protected] Source: IRS data 9/7/08 Unclaimed payment estimates by Center on Budget and Policy Priorities.
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