Officials: Suffolk fell into $47M budget deficit in 2015

Suffolk County dug itself into a $47 million budget hole in 2015, according to officials. When the county released its 2015 Comprehensive Annual Financial Report,

Suffolk County dug itself into a $47 million budget hole in 2015, according to officials.

Suffolk County dug itself into a $47 million budget hole in 2015, according to officials. (7/8/16)

HAUPPAUGE - Suffolk County dug itself into a $47 million budget hole in 2015, according to officials.

When the county released its 2015 Comprehensive Annual Financial Report, Legislator Leslie Kennedy said she didn't have to read the full 204 pages to know the finances were in trouble.

"Dropped a level on bond rating," she said. "If we don't come up with suggestions, we'll possibly drop another level."

County Executive Steve Bellone blamed part of the shortfall on a decline in sales tax revenue, but he added that despite the deficit, the budget remains under the tax cap.

And although the deficit marred the report, there were also some positives. Unemployment dropped to just 4.8 percent, lower than both state and national averages.

But many Suffolk County residents who spoke with News 12 were unimpressed with the deficit and said their taxes are too high for the county to be in this position.

advertisement | advertise on News 12

Top 5 Must See

The committee that oversees Nassau's bus system voted 1 Committee votes against NICE Bus service cuts
A public hearing will be held about the 2 Hempstead IDA announces public hearing on mall tax break
In this Feb. 20, 2012 photo, U.S. Sen. 3 Former astronaut, US Sen. John Glenn of Ohio has died at 95
Building condos on the Indian Hills Country Club 4 Residents debate Fort Salonga housing proposal
Daniel Flowers is described by his family as 5 Police search for suspect in deadly Hempstead shooting

advertisement | advertise on News 12

Features

Need help this holiday season? We've got you Holiday Help Series

Need a gift idea? Perhaps you need a fun idea to do with the kids?

Each week a different shelter visits News 12 Dog Day Fridays Series

Each week a different shelter visits News 12 Long Island with pets up for adoption.

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE