TITLE

Nassau County, N.Y., Ended 2004 With $75 Million Surplus

AUTHOR(S)
Whalen, Robert
PUB. DATE
March 2005
SOURCE
Bond Buyer;3/16/2005, Vol. 351 Issue 32091, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the operating surplus posted by Nassau County, New York. Management of its fiscal year 2004 without tapping into short-term borrowing to help manage cash flow; Proposal to add extra cash to its undesignated revenue at the end of fiscal 2004; Recommendation of the administration of County Executive Thomas Suozzi to allocate a portion of the surplus to a reserve fund etablished to help cover a potential surge in termination payments to county employees who retire.
ACCESSION #
16441696

 

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