Keyword: reserves
19 results total, viewing 11 - 19
While the first draft of the North Bellmore School District’s 2013-14 budget maintains all academic programs, administrators explained that they would have to “eat into” reserve funds to do so in the face of soaring employee benefit costs. more
Semifinalists in the prestigious Intel Science Talent Search were announced recently, and, as usual, Long Island came up big in the contest. more
When Hofstra University got the call on Nov. 2 asking if they had power following the aftermath of Hurricane Sandy, officials never expected what they would be asked next. The Long Island based Army … more
Bellmore-Merrick area school administrators said this week that, yes, their districts could cover proposed state aid cuts with their unrestricted reserve funds and federal stimulus dollars, as proposed recently by Governor Cuomo. But, they quickly noted, doing so could leave them with little to no cash on hand for emergencies, and even jeopardize the districts’ long-term fiscal health. more
July 15 was a big day for President Obama. Not only did BP miraculously cap the oil spill — albeit temporarily — but Goldman Sachs settled with the SEC and Congress approved all 2,300 pages of a historic financial overhaul bill. more
Part one of a two-part series. Imagine building an incinerator next to a hospital nursery. That, critics say, is about what the Village of Freeport would be doing if it were to build a $550 million waste-to-energy incinerator alongside a wetland in south Freeport, near the Merrick border. Plans for the facility appear in doubt (see related story, "What's up with Freeport's incinerator plans?"). But if eventually approved, the project could have serious consequences for the local environment and human health. more
I trust you haven’t forgotten the famous slogan Gov. Hugh Carey used during New York’s fiscal crisis in the 1970s: “The days of wine and roses are over.” Unfortunately, the … more
State Comptroller Thomas DiNapoli recently completed audits of New York’s 733 public school districts and BOCES. The audits were part of a series of legislation following a scandal in the Roslyn School District in which administrators embezzled $11 million. more
Peter Schmitt, presiding officer of the Nassau County Legislature, got off on the wrong foot this year when he announced a 47 percent pay increase for himself and similar raises for the two other top members of the Legislature. more
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