STORM WATCH

Snow showers and slippery conditions expected across LI into Saturday.

NIFA approves Nassau County's amended budget

The Nassau Interim Finance Authority, the county's fiscal watchdog, has approved the county's amended budget. The budget passed on a 4-1 vote. Board member Howard Weitzman was the lone vote against

News 12 Staff

Dec 15, 2016, 9:36 PM

Updated 2,927 days ago

Share:

The Nassau Interim Finance Authority, the county's fiscal watchdog, has approved the county's amended budget.
The budget passed on a 4-1 vote. Board member Howard Weitzman was the lone vote against approval.
NIFA voted down Nassau's budget late last month, saying the $3 billion spending plan was not balanced. NIFA then directed the county to find $36 million in cuts and/or revenue to fill the gap.
On Wednesday, Nassau lawmakers voted to increase the tax map verification fee for real estate transactions from $225 to $355 in an effort to plug the county's budget gap. The measure passed in an 11-7 vote.
Officials say the fee increase will not affect any home closings taking place in 2016.
Lawmakers say they expect the tax map fee increase to bring in $15 million. They say the rest would be made up from about a dozen other sources of revenue and some cuts, such as nearly $4 million out of the NICE Bus budget.