Streams

State Takes Over Nassau County's Finances

Wednesday, January 26, 2011

The state took control over the finances of Nassau County, one of the nation's wealthiest, because it could not balance its $2.6 billion budget.

A state-appointed panel voted in favor of seizing the county's budget Wednesday because lawmakers failed to balance the deficit that at one point last year ballooned to $350 million.

"In terms of deep cuts, you know, county parks being closed, thousands of layoffs, very popular services curtailed -- we have not seen that in Nassau County yet," Hofstra University professor Lawrence Levy said.

Nassau residents pay hefty sums in property taxes.

County Executive Ed Mangano told the Associated Press that the county's budget is balanced, and it's likely officials will fight the decision in court.

Tags:

More in:

News, weather, Radiolab, Brian Lehrer and more.
Get the best of WNYC in your inbox, every morning.

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.

Sponsored

Latest Newscast

 

 

Support

WNYC is supported by the Charles H. Revson Foundation: Because a great city needs an informed and engaged public

Feeds

Supported by