The Valley Stream board of trustees unanimously adopted its $45.3 million budget for the coming fiscal year at a public hearing on April 8. The 2024-2025 budget represents a $1.5 million increase …
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By Juan Lasso
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4/19/24
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The village of Valley Stream held its annual reorganization meeting on April 1 to formally install its newly elected officers to the board of trustees as well as reshuffle and renew village …
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By Juan Lasso
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4/12/24
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Following State Comptroller Thomas DiNapoli’s April 2 report identifying the Village of Valley Stream as a municipality under “significant fiscal stress,” the village adopted a revised budget for fiscal year starting June 1 and ending May 31 next year.
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By Jessica M. Semins
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5/12/21
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The Village of Valley Stream approved a property tax levy increase on Monday that goes well above the state’s cap this year, which will translate to an increase of about $140 on the average homeowner’s tax bill. The measure is a departure from the village’s trend in recent years of using its reserves to pay its bills rather than relying on tax increases.
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By Micah Danney
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4/13/16
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An exit interview was just conducted after an audit of the Village of Valley Stream’s cash receipts and selected village operations dating from June 1, 2011, to Dec. 31, 2012, by the New York state comptroller’s office (“Village ups financial controls after audit,” April 24-20”).
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5/1/14
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Auditors from the state comptroller’s office detailed a number of problems with Valley Stream’s financial operations, most notably how cash is handled, and made recommendations to improve them in a report released earlier this month.
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By Andrew Hackmack
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4/23/14
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When Valley Stream’s new budget takes effect on June 1, residents can expect all of the same services they get now while seeing their tax bills tick upward.
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By Andrew Hackmack
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4/16/14
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After busting the tax cap last year, Valley Stream officials have no intention of doing the same again as they put the finishing touches on the 2014-15 village budget.
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By Andrew Hackmack
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4/3/14
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Few Long Islanders will argue that this has been a rough winter. After a few dustings of snow in December, several major storms have pounded the region since the calendar rolled over to 2014, and that has had an impact on local schools and municipalities.
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By Andrew Hackmack
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2/12/14
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Five Valley Stream employees have taken advantage of a retirement incentive that is expected to save the village money in future years as high-salaried employees are coming off the payroll.
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By Andrew Hackmack
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2/5/14
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