Monday, August 21, 2023

State Comptroller Thomas P. DiNapoli's Weekly News

 

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State Pension Fund Valued at $254.1 Billion at End of First Quarter

Comptroller DiNapoli announced that the estimated value of the New York State Common Retirement Fund was $254.1 billion at the end of the first quarter of State fiscal year 2023-24. For the three-month period ending June 30, 2023, Fund investments returned an estimated +3.08%.

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Local Sales Tax Collections Increased by 3% in July Compared to Last Year

Local sales tax collections in New York State grew by 3% in July compared to the same month in 2022, according to an analysis released by Comptroller DiNapoli. Overall, local collections totaled $1.82 billion, up $53.3 million compared to the same time last year.

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Former Town of Marion Court Clerk Pleads Guilty to Theft

Comptroller DiNapoli, Wayne County District Attorney Michael Calarco and the New York State Police announced that the former court clerk for the Town of Marion, Eileen Steurrys, pleaded guilty to stealing over $50,000 from the town court.

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Georgia Woman Pleads Guilty to Stealing Her Deceased Father's NY State Pension Checks

State Comptroller DiNapoli, Albany County District Attorney David Soares and the New York State Police today announced that Alayne Bertolino pleaded guilty to stealing more than $240,000 in New York State pension payments made to her deceased father.

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As Share of New Yorkers Without Health Insurance Reached New Low, Disparities Persisted Among Black, Asian, and Latino Populations

From 2010 through 2021, the percentage of New Yorkers without health insurance declined every year to 5.2% in 2021, well below the national average of 8.6% and less than half of what it was in the State in 2010 (11.9%), according to an analysis by State Comptroller DiNapoli. Rates of uninsured New Yorkers are lower than the national average due to the State’s higher enrollment in public health insurance programs, which provided coverage to 4 in 10 New Yorkers in 2021. New York was tied with Connecticut for the 10th lowest rate of uninsured in 2021 (the last year for which U.S. Census Bureau data are available).

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OTDA Needs to Improve Oversight of Services Provided to Those in Homeless Shelters

The State Office of Temporary and Disability Assistance needs to improve its oversight of local departments of social services and homeless shelter providers to make sure those entering the shelters are being set up with a plan to get the services they need and transition to permanent housing, according to an audit released by State Comptroller DiNapoli.

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