Sunday, November 24, 2024

State Comptroller Thomas P. DiNapoli's Weekly News - NYC Health + Hospitals Costs for Temp Staff Remain Elevated

 

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NYC Health + Hospitals Costs for Temp Staff Remain Elevated

healthcare worker standing in Times Square with a mask on

New York City Health + Hospitals (H+H) spent $168 million more than projected on temporary staff, despite hiring over 1,660 new nurses in City fiscal year 2024, according to a report released by State Comptroller DiNapoli.

“The COVID-19 pandemic led to a major nurse shortage nationwide and in New York City, but Health + Hospitals has taken important and meaningful steps recently to recruit and retain more nurses,” DiNapoli said. “The number of full-time nurses at H+H now exceeds pre-pandemic levels, but temporary staff costs are still elevated. Further hiring and training are needed for H+H to achieve its fiscal targets and provide quality health care to all New Yorkers.”

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State Pension Fund Valued at $274.6 Billion at End of Second Quarter

State Comptroller DiNapoli announced that the estimated value of the New York State Common Retirement Fund (Fund) was $274.6 billion at the end of the second quarter of State Fiscal Year 2024-25. For the three-month period ending Sept. 30, 2024, Fund investments returned an estimated 4.15%.

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State Comptroller DiNapoli and Ulster County Executive Metzger Announce Findings of Gulnick Investigation

A forensic examination and investigation of former Ulster County Commissioner of Finance Burton Gulnick Jr. found no evidence of any crimes committed by Gulnick while he served in his government role, but did find weaknesses in county procedures that could leave it vulnerable to fraud, State Comptroller DiNapoli said.

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Local Sales Tax Collections Up 2.3% in October

Local sales tax collections in New York State increased by 2.3% in October compared to the same month in 2023, according to data released by State Comptroller DiNapoli. Overall, local collections totaled $1.84 billion for the month, up $41 million year over year.

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DiNapoli Statement on NYC's 2025 Budget Modification

"New York City’s Fiscal Year 2025 budget modification raises current year spending to $115 billion, primarily reflecting the addition of federal and State grants to the plan. While outyear gaps are virtually unchanged, the City anticipates lower costs for asylum seekers due to a steadily declining population, as well as lower pension and debt service spending, in the current year. Business income tax revenue remains strong, as economic growth continues, albeit more slowly than in recent years," Comptroller DiNapoli said.

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Former Durhamville Fire Department Treasurer Arrested for Allegedly Stealing Over $92,000

A former treasurer of the Durhamville Fire Department was arrested for allegedly stealing over $92,000 from the Department over a seven-year period, State Comptroller DiNapoli and the New York State Police announced.

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