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Nassau Notebook: NIFA Rejects County Spending Plan, Chambers Support New Sports Complex

A weekly look-in at the news of Nassau County.

The following is a look back at some of the top stories in Nassau County over the past week:

NIFA Rejects Nassau's Multi-Year Spending Plan

One day after Nassau County officials announced a desire to partner with the Nassau Interim Finance Authority (NIFA) in mapping the financial future of the struggling county, NIFA reported that Nassau's multi-year spending plan requires some $225 million in adjustments.

The decision to reject Nassau's 2012-2014 plan was rendered at NIFA's Thursday meeting. Officials say the county needs to show more concrete sources of revenue, rather than relying on items such as red-light cameras and union concessions.

NIFA also reported that it would not ask the state to restructure the county's debt, as had been done back in 2000. The county had made that request on Wednesday.

A new multi-year plan must be submitted to NIFA by July 28. A 2012 budget proposal is due Sept. 15.

Nassau Chambers Voice Support for New Sports Complex

On Tuesday, members of the Nassau Council of Chambers of Commerce (NCCC) announced their support for a new sports and entertainment complex to replace Nassau Coliseum.

“We cannot allow the Islanders to leave Nassau County along with the thousands of jobs and secondary jobs they generate for our community," said E. Christopher Murray, president of the Nassau Council of Chambers of Commerce. "The shuttering of the Coliseum doors would be devastating for our local businesses and those we employee.”

A vote on the proposal is scheduled for Aug. 1.

D.R.St-Jacques July 17, 2011 at 11:07 PM
Following the news article in today's (Sunday) Newsday, whereby we taxpayers are being asked to vote on something on which factual information is and will not be available by Aug.1st indicates to me that many of us taxpayers, especially those of us who are retired, must vote and vote NO. (Shades of Pilosi)
James Kittle July 18, 2011 at 02:59 PM
Thats how it looks to me. Vote "no" on August 1st and make sure you tell all your neighbors to vote "no" as well.
m brier July 18, 2011 at 03:52 PM
VOTE NO JAMES KITTLE IS CORRECT
MerrickGuy July 18, 2011 at 05:29 PM
I think attached to the referendum should be a line item that says: "No one affliated with or intending to bid on the proposed project may make any campaign contributions within 5 years of the commencement of the project"
paul.d.spellman July 18, 2011 at 05:39 PM
I would be happy with a line item that says something to the effect :"The total amount of the bond will be $XXX, and we the taxpayers of Nassau County will be responsible for paying back $YYY per year" with XXX and YYY filled in with accurate amounts.

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