Someone has $1.7 million sitting in a dormant account that is now being held by New York State.
In fact, the state has 31 million unclaimed accounts worth $13 billion.
State Comptroller Thomas P. DiNapoli is urging people to visit www.osc.state.ny.us. Millions of people could end up with unexpected windfalls by simply typing in their names and some other identifying information. Of course, not every person with unclaimed funds will feel like a lottery winner.
More than one million workers across New York will be getting raises this New Year’s Eve, as the state minimum wage is set to increase from $8 an hour to $8.75. WBFO’s Avery Schneider talked with some Western New York residents to get their take on the hike.
Ahead of the gubernatorial debates, protestors gathered outside of the WBFO-WNED studios. The crowd was heavy with ant-fracking, pro-clean energy mantras, and just as weighted with chants for Second Amendment rights – those mostly aimed at Governor Cuomo.
Before the gubernatorial candidates started volleying debate points, citizens were volleying protest slogans. Outside of the WBFO-WNED studios, shouts for second amendment rights – mostly aimed at Governor Cuomo – were just as loud as chants against fracking for natural gas.
State Comptroller Thomas DiNapoli says Industrial Development Agencies, or IDAs, are doing a better job of using incentives to create and retain jobs in New York. But the state's fiscal watchdog has some concerns about accountability and transparency when it comes to tax exemptions.