UNIONDALE - The Nassau Interim Finance Board (NIFA) decided today to let County Executive Ed Mangano (R-Nassau) maintain control of the county's finances after reviewing his budget proposal. Prior to NIFA's meeting, Mangano made a final plea to the members of the state oversight board, asking them not to vote to take over the county's finances. As News 12 Long Island has reported, NIFA has said that the numbers in Mangano's 2011 budget don't add up, including $60 million in union concessions Mangano factored in which never came to fruition. At the conclusion of the meeting, which lasted for hours, NIFA members voted to give Mangano one more chance to prove that his budget is sound."We are giving the county one final opportunity," said NIFA Chairman Ronald Stack. Mangano says he's still negotiating with the unions and will cooperate with NIFA to prove his budget is balanced.

NIFA deciding fate of Nassau's budget