In the face of growing pressure from the county's fiscal watchdog, Nassau County Executive Ed Mangano vetoed the amended 2015 budget that nixed a 3 percent property tax increase he originally proposed.

The move is an abrupt about-face for the county executive. Just last week, his office issued a press release touting the amended budget as a bipartisan agreement that acted in the best interest of the taxpayers.

Nassau Interim Finance Authority Chairman Jon Kaiman didn't mince words when asked about the state of Nassau's 2015 budget Thursday.

"If they want to cut $30 million in revenue, they need to cut $30 million worth of expenses," said Kaiman. "We simply are telling the county executive and the Legislature that we are not prepared to authorize a budget that doesn't work."

The county executive's office declined News 12's request for an interview, but released a statement reading in part, "NIFA concluded the Legislature's amendments are out of balance, and therefore they have been vetoed by the county executive."

A spokesperson for Presiding Officer Norma Gonsalves tells us she will not be commenting until she has reviewed the veto, which was issued late Thursday afternoon.

Democratic Minority Leader Kevan Abrahams has not returned a call to comment.