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NIFA chastises Mangano for past practices

Nassau County Interim Finance Authority board member Christopher

Photo credit: David Pokress | Nassau County Interim Finance Authority board member Christopher Wright offers a critical view of Nassau's spending. (Feb. 1, 2012)

The state board in control of Nassau's finances Wednesday cut by a third the county's plan to borrow $90 million to pay for dozens of capital projects, such as road maintenance and park improvements, and admonished County Executive Edward Mangano for allowing work to begin without its authorization.

"This is not business as usual," said Ronald Stack, chairman of the Nassau Interim Finance...

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