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Fiscal crisis

COVID is a convenient scapegoat for county’s fiscal mismanagement

by Oct 4, 2020
Suffolk County's fiscal crisis long preceded the COVID pandemic, but the county seeks to blame COVID in its quest for a federal bailout. New column by Greg Blass.
County Executive Steve Bellone delivering the state of the county address earlier this year. (Courtesy photo)

Suffolk Closeup Bellone’s budget, which comptroller calls ‘fraught with peril,’ set for legislative vote Wednesday in Riverhead

by Nov 5, 2016
Borrowing to fund police retirement payouts, over-reliance sales tax receipts and one-shot revenues sources: it's all a recipe for disaster, county comptroller says.

Treacherous waters: aboard the good ship Riverhead during the perfect storm

by Jul 9, 2015
With EPCAL redevelopment still more vision than reality and cash reserves running out, Riverhead Town faces a budget gap it won't plug without major tax hikes, layoffs or both. For real. Tough decisions must be made during a heated local election season by a board that hasn't even adopted a budget for four of the past five fiscal years.

Help from state on CPF debt refinance won’t come easy, if at all

by Mar 26, 2015
The assistance Supervisor Sean Walter has been hoping to get from a state financing authority to refinance Riverhead's staggering CPF bond debt is far from guaranteed.