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New Hyde Park fund balance larger than last year
Photo credit: Amra Radoncic
Heading into budget talks, the Village of New Hyde Park announced it has a larger fund balance than it had last year: “a seven-week cushion,” as Mayor Daniel Petruccio described it.
The fund balance for the year ending May 31, 2012, was $788,669, up from about $451,394 the year before. Revenue for the year totaled $5.7 million, village officials said.
Petruccio said the village saved...
