Posted: November 28, 2024 | Last updated: November 28, 2024 The county's financial watchdog group declined to approve the county's budget, giving the legislature two weeks to make revisions.

The seven-member Nassau Interim Finance Authority (NIFA) instead passed a resolution requiring the county legislature to amend the county's multiyear financial plan for 2025-2028, which it says ...

NIFA’s resolution requires the Legislature and Nassau County Executive Bruce Blakeman to revise the budget by Dec. 10 or risk NIFA crafting its own budget at the oversight board’s next meeting ...

A resident good government group is asking that the Nassau County Interim Finance Authority, which monitors the county’s finances, reject the county’s adopted 2025 budget of $4.2 billion.

NIFA’s vote ended a more than two-month fight over Nassau’s budget resembling a similarly protracted dispute last year between the authority, Mangano and the county Legislature.

NIFA currently has $411 million of outstanding debt slated to be paid off in 2025. Nassau County Executive Laura Curran is considering a debt refinancing through the county's fiscal control board.

NIFA approves takeover of Nassau County hospital By Andrew Coen February 07, 2020, 12:47 p.m. EST 1 Min Read ...

<p>The fiscal oversight board monitoring Nassau's finances voted down the county's request to borrow $23 million to cover property tax refunds and a court settlement.&nbsp;</p> ...

The Nassau Interim Finance Authority says Nassau lawmakers must find $31 million to balance the county budget. The NIFA board of directors unanimously rejected the 2018 budget proposal put forth ...

The Nassau Interim Finance Authority formally disapproved Nassau County's multi-year plan update at its meeting Thursday, saying the county had effectively done nothing to close the budget ...

Part of the county’s new plan would seek state legislation to be enacted that would give NIFA more capacity to finance the debt service the county incurs, which hits $350 million under the ...

MINEOLA, N.Y. (1010 WINS/AP) -- A New York state judge said Monday he would not block a fiscal watchdog's takeover of Nassau County's finances. Justice Arthur Diamond denied Nassau County ...