Keyword: spending
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Citing unfunded state mandates, rising pension and health care costs, police retirement expenses and a 5 percent drop in revenue, Lynbrook village officials have unveiled a 2012-13 tentative budget … more
On Jan. 14, the New York Times reported that “President Obama on Friday announced an aggressive campaign to shrink the size of the federal government, a proposal less notable for its goal — the fight against bloat that has been embraced by every modern-day president — than for the political challenge it poses to a hostile Congress.” more
If Black Friday’s message is a broad-stroke “Buy! Buy! Buy!” then the theme of the more focused Small Business Saturday is “Buy local!” So that’s the theme to shop … more
Halfway through his first term as county executive, Ed Mangano is proposing yet another budget that takes a hatchet to spending. more
The U.S. government faces a historic choice over the next very few years: get our fiscal house in order or see our status as a world economic power permanently lost in an avalanche of debt. Fiscal responsibility knows no party or ideological bounds. It is neither Democratic nor Republican, liberal or conservative. If our economy falters, the consequences will be dire for us all. Our children and grandchildren will face the very real prospect of living less well off than previous generations. The American Dream of ever-growing prosperity will evaporate. Our future will look more like that of bankrupt Greece. more
The East Rockaway School District is proposing a $34.32 million budget for 2011-12, a 2.94 percent increase over the current spending plan. The tax levy would increase by 3.77 percent. Even … more
There are times when I wish it was 2012. Not because I’m wishing my life away but because I’d love to see how today’s crop of politicians worked their way out of the worst financial crises in federal, state and local history. more
In one of its first orders of business in the new legislative session, the State Senate passed the Job Creation and Taxpayer Protection Act of 2011 on Jan. 19. Supporters of the three-part plan say it will encourage the creation of new private-sector jobs with a tax credit, ensure fiscal responsibility with the enactment of a 2 percent state spending cap and require a two-thirds “super-majority” vote to increase taxes if the Assembly, and then voters, approve a constitutional amendment. more
On New Jersey’s Election Day, April 20, Gov. Chris Christie wanted voters to reject school budget proposals in any districts where the unionized teachers weren’t willing to freeze their salaries for a year. more
The East Rockaway Village Board unanimously adopted its 2010-11 village budget of $8.9 million on April 19. The spending plan contains a 1.6 percent increase over the current budget and a 5.43 percent tax levy increase. The average homeowner will pay an extra $110 in taxes. more
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