As unclaimed funds returned, less goes to N.Y. budget.


The state Comptroller's Office returned $422 million to claimants in the fiscal year that ended in March, a state record, data show. But as more money went to people who had unclaimed funds, less went to the state's budget, a drop of $187 million in the 2013-14 fiscal year.

The state had estimated it would receive $650 million from the fund last year, but got $528 million; it estimates $665 million from the fund in the current fiscal year.

You can read more about it by checking out this article by Joseph Specter in the Poughkeepsie Journal.