Nassau lacks time, excuses on budget crisis
GalleriesNassau County Executive Edward Mangano
Nassau County ended last year with a more-than-$50 million hole in its budget, the county comptroller announced Friday.
To fill that hole, the county used more than half of its $90.9 million in reserves -- bringing the rainy-day fund down to less than county policy says it should be.
But there's more.
Nassau, which is more than halfway through the 2012 budget year, now faces the...