The Des Moines Public Schools got a financial boost Tuesday but it didn’t come in the form of a grant or a big donor.
It was all money the district had but didn’t know it.
State Treasurer Michael Fitzgerald presented school leaders with a check for nearly $66,000.
The money comes from the Great Iowa Treasure Hunt. It’s a system that tracks Iowa’s unclaimed property.
The presentation took place at Smouse because the largest portion of the money was part of the school’s trust fund.
“Just to put it into perspective this could cover salary and benfits of a first year teacher, it could purchase a new school bus, it could purchase 90 laptop computers or nearly 1,000 text books,” says Superintendent Tom Ahart.
Smouse will get to keep most of the money. The principal say it’ll likely be used to upgrade school technology.
The Great Iowa Treasure Hunt has more than $400-million just waiting to be claimed. Check if you have a claim to that money here.