WOODBURY - Residents can learn more about the Nassau County exec's plan to privatize several sewer plants at a meeting tonight.
County Executive Ed Mangano contends that privatizing the plants would cut Nassau's debt by $750 million. But Democrats worry it would lead to rate hikes. NIFA, the state agency overseeing Nassau's finances, is also not in favor of the plan. NIFA unanimously said no to Mangano, calling his plan very expensive back-door borrowing.
Democrats are holding a meeting tonight on the privatization plan at the Plainview-Old Bethpage Library in Plainview at 7 p.m.