Nassau Interim Finance Authority
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.
On Thursday, a judge threw out a wage freeze imposed on Nassau County police by the Nassau Interim Finance Authority.
If you work for one Long Island county, you’re going to have to keep watching what you spend.
The Nassau County executive says residents could face a 13 percent property tax hike or deep cuts in services unless the county legislature approves millions of dollars for tax refunds.
The future of professional sports in Nassau County is likely riding on a public referendum on Monday, and both sides are making a full court press.
On August 1, the people of Nassau County will vote on whether to borrow $400 million to build a new sports and entertainment complex that would include a modernized home for the New York Islanders.
Rather than spending the next 1,500-plus words explaining both sides of the referendum debate I would instead like to fire off a missive to those who may think their voice doesn’t matter or as of this moment don’t care enough to make themselves heard.
The Nassau Interim Finance Authority said if voters approve the $400 million plan to renovate the coliseum, it would result in a 3.5 to 4 percent property tax increase.
You’ve heard about the Subway Series. Well, how about the Expressway Series?
A whopping $53 million budget shortfall is predicted by Nassau County Comptroller George Maragos if nothing is done by the end of this year.
The authority has rejected County Executive Ed Mangano’s revised budget plan and instituted a wage freeze following a vote on Thursday.
Edward Mangano’s proposal includes over $60 million in employee-related cuts, and would impose a 13-day unpaid furlough for county workers.
It’s a plan that will save the count over $121 million, but it will cost hundreds of jobs.
Nassau County Executive Ed Mangano accuses the Nassau Interim Finance Authority (NIFA) and the media of playing politics with county finances.
Nassau County’s largest union has reached a tentative agreement with the county on a new contract they say will save millions.