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Nassau officials say $88M saved so far

Nassau County Executive Edward Mangano. (Dec. 19, 2011)

Photo credit: Howard Schnapp | Nassau County Executive Edward Mangano. (Dec. 19, 2011)

Nassau officials say last month's layoffs, retirements and demotions will save the deficit-ridden county $42.4 million this year -- far short of the $75 million in recurring labor savings expected from the payroll reductions.

But county officials said Thursday that other spending cuts, including lower-than-projected health insurance premiums and staff reductions at the Board of Elections,...

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