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Long IslandPoliticsSpin Cycle

More Nassau debt on Monday' s agenda

The minority Democrats on the Nassau County Legislature have been tepid to date in their criticism of an early retirement program proposed by Republican County Executive Edward Mangano.


Which is reasonable, given that Democrat Thomas Suozzi had a buyout program of his own last year when he was county executive.


The question is whether the Democrats and their leader, Diane Yatauro of Glen Cove, will be emboldened by a report from the Nassau County Interim Finance that was sharply critical of the borrowing. [For Celeste Hadrick's story on the report, see here.]


We’ll see Monday when legislative committees consider a bond issue of $86 million to finance the buyout, saving the county budget in the short term,  but layering on debt in future years.

 


 

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