NIFA OKs Mangano budget, but with a warning
Photo credit: Danielle Finkelstein | Ronald A. Stack, along with the rest of the Nassau Interim Finance Authority, voted on the county's 2013 budget and capital spending for superstorm Sandy in Uniondale. (Nov. 29, 2012)
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A state control board Thursday night approved Nassau County Executive Edward Mangano's $2.8 billion 2013 budget, and $192 million in emergency borrowing for repairs stemming from superstorm Sandy.
But the Nassau Interim Finance Authority, which unanimously approved the budget at a meeting in Uniondale, warned that the spending plan contains $48 million in risky revenues and spending projections....
Nassau's budget deficit
NIFA's vote on Nassau 2012 budget