Tag Archives: nassau interim finance authority

Budget Surplus Estimated for 2012

By Eden Laikin Nassau County Budget Director Eric Naughton said that if all goes as planned, the County will end 2012 with a surplus of about $12 million. And Naughton called recent budgeting initiatives by the County Executive to get … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Sewer Plan Could Eliminate 25% of County’s Deficit

By Eden Laikin Thirteen financial firms said they would invest at least $700 million in a public-private partnership with Nassau County’s sewer system, officials said Thursday – funds that Mangano has said would go to pay down 25% of Nassau’s … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

MANGANO RELEASES PLAN TO SAVE TAXPAYERS UP TO $25 MILLION ANNUALLY THROUGH IMPROVED EFFICIENCIES

By Justin DiGennaro and Eden Laikin In an effort to build upon his past initiatives to reduce spending and protect residents from a painful property tax hike, Nassau County Executive Edward P. Mangano has entered into a partnership with an … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Budget Memo Released to Department Heads

FROM: Eric C. Naughton, Director of the Budget DATE:    June 26, 2012 TO:        Hon. Edward P. Mangano, County Executive Rob Walker,  Chief Deputy County Executive Timothy Sullivan, Deputy County Executive for Finance RE:      2012 Budget Reductions  CONFIDENTIAL MEMORANDUM              Thanks … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

The State of Politics in Nassau County

By Eden Laikin Fulfilling a threat to withhold payment of property tax refunds in exchange for a favorable political redistricting plan, Nassau’s nine Democratic lawmakers failed to authorize critical legislation that could cripple county government – including the elimination of … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Statement From Nassau County Spokesman Brian Nevin On Threats Made By Political Party Boss Jay Jacobs

  “The Nassau County Interim Finance Authority, Legislature and County Executive set forth a fiscal stabilization plan for Nassau County that holds the line on property taxes while cleaning up over a billion dollars in debt created while the Democrats … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Democrats Continue To Play Politics With Nassau Finances And Put Critical Services On The Chopping Block

By Eden Laikin Democratic legislators yesterday blocked a vote to stabilize Nassau County’s finances – a move, county officials say, was “an irresponsible and politically motivated decision that could lead to the freezing of Nassau’s bank accounts and may result … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Newsday Quotes Finance Experts That Say Nassau Sewer Deal Can Succeed

NEWSDAY Municipal finance specialists say two things stand out about Nassau County’s plan to partially privatize its aged sewer system: the system’s large size and the large debt required by the deal — at least $750 million. Despite the debt … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , | Leave a comment

MANGANO DELIVERS THIRD ANNUAL STATE OF THE COUNTY Reiterates Commitment to Holding the Line on Property Taxes, Creating Jobs and Jumpstarting Economic Development at the Hub

  Announces New Veterans Housing Program   By Eden Laikin In his third State of the County address, Nassau County Executive Edward P. Mangano said the County’s best times are still to come.   “The best time shall be in … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Newsday Editorial: Positive step for Nassau, cops

 The Nassau County Legislature wisely agreed to reduce the number of police precincts in the county from eight to four Monday, with all 10 Republicans voting to go ahead with the move and all nine Democrats voting against it. … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment