In its first analysis of County Executive Ed Mangano’s 2014 budget, the Nassau Interim Finance Authority, or NIFA, is projecting a $122 million budget deficit next year in Nassau County with larger than projected deficits through 2017.
County Comptroller George Maragos said Nassau will end its 2012 fiscal year with a $41.6 million budget surplus.
The team’s playoff home games have generated more than $1 million each in economic activity for the county.
Contractors were were supposed to cut up trees, install water heaters, and remove mold from homes on Long Island damaged by superstorm Sandy.
Are you looking for some good news on the economic front? You’ll find some on Long Island.
Financial statements reveal that Nassau County ended the 2011 fiscal year with a deficit of over 50 million dollars.
There were a number of hotly contested Democratic primaries that were getting voters to the polls on Tuesday, especially in the racially and ethnically diverse 8th Congressional District in Brooklyn and Queens.
There’s some good economic news for residents of Nassau County. Sales tax revenues have jumped in Nassau County, and county comptroller George Maragos said they are up 5.2 percent compared to last year.
Comptroller George Maragos says the county is owed over $80 million.
George Maragos says he supports development of the county hub, but he’s not ready to endorse the $400 million sports and entertainment complex proposal going to a referendum – at least, not yet.
A whopping $53 million budget shortfall is predicted by Nassau County Comptroller George Maragos if nothing is done by the end of this year.
Because the Center failed to get basic information such as correct spelling of names, addresses and insurance card information, Nassau County controller George Maragos said the hospital lost $6.5 million in revenue.