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.
Nassau County residents will have a shot to keep “New York” on the jerseys of the Islanders Monday. Franchise owner Charles Wang wants to get the message out there: vote “no” and the team may just be forced to pack up and leave.
A state watchdog group overseeing Nassau County’s finances is not happy about the county’s budget proposal.
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.
The lease agreement would keep the Islanders in Nassau County through the year 2045.
Nassau County Executive Edward Mangano says he will lay off 130 municipal employees and redeploy 160 members of the police department. The cuts would go into effect July 1.
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.
Justice Arthur Diamond denied Nassau County officials’ request for a preliminary injunction that would have blocked the Nassau Interim Finance Authority from taking control of the budget.
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.