Long Beach mulls another tax increase
Photo credit: T.C. McCarthy | Long Beach City Hall is on Park Avenue. The police station and fire department are attached to the building. (June 21, 2011)
Nassau's budget deficit
NIFA's vote on Nassau 2012 budget
Nassau County Executive Edward Mangano
Long Beach will consider a midyear tax increase, hoping the move will send a message to the State Senate that the city needs deficit financing assistance.
The city council approved a 7.9 percent tax hike in May in anticipation of deficit financing, which would allow the city to borrow money to pay down its $10.25 million deficit over 10 years at a low interest rate.
But the State Senate,...
