Long Island Now
The latest community buzz and updates. | Sign up for community newsletters.
Hempstead Village Mayor Wayne Hall touts fiscal health, surplus
Photo credit: J.C. Cherubini, 2011
An independent audit has confirmed that Hempstead Village’s general fund recorded a $2.3 million surplus for the 2011-12 fiscal year, making it the sixth consecutive year without a deficit, village officials said.
The village appropriated $3.1 million in surplus, including a portion of its reserves, to balance its 2012-13 budget. The appropriation allowed for an overall tax levy increase slightly...
