NIFA posts notice and agenda: the County's FY2027–2030 plan is up for a vote at its Nov 19 Directors meeting, along with County MOUs/MOA amending union contracts.
Nassau County Budget vs NIFA, 2017–2026
The Legislature adopted FY2027 on Oct 30 with the levy frozen at $755.3M for a sixth year. NIFA flags $60.5M–$145.5M of FY2027 risk and votes on the plan Nov 19. Figures are Major Funds unless noted.
Last updated Nov 14, 2026 · ET
Latest news, newest first
Dated items with sources. Grey tags mark items not fully verified.
Legislature's special budget meeting (10 AM) took up Ord. 57-26 (2027 budget), Ord. 58-26 (tax levies), Ord. 59-26 and Res. 157-26 (2027–2030 plan). Newsday reported passage 11–8 on party lines: levy flat, $43.5M of reserves to balance.
Democrats and Leg. Arnold Drucker press Blakeman on reserves, citing NIFA's $56.0M FY2025 deficit and the ACFR's $144.7M decline in all-governmental-funds fund balance.
Drucker op-ed: OLBR says the County drains another $44M from reserves for 2027 and allocates $373M more for possible shortfalls.
NIFA staff report on the FY2027–2030 plan: FY2027 risk $60.5M–$145.5M, rising to $116.0M–$268.6M by FY2030; only $43.5M of $330.5M in appropriated reserves is budgeted; seven recommendations. A resolution adopting the report was on the agenda.
Comptroller Phillips calls the proposed budget's estimates reasonable: 5th straight year with no levy increase, sales tax $1,713.2M. Ratings: Moody's Aa2 outlook raised to positive (June 2026); S&P AA and Fitch AA, both stable.
NIFA FY2025 follow-up: ($56.0M) control-period deficit vs a $35.9M threshold. Restated without reserve maneuvers: ($52.6M) budgetary and ($129.4M) control-period, about 3.5x the threshold. $89.9M of reserves used.
OLBR review of the proposed budget: about $175.5M of risks, $87.4M of offsets, $88.1M net. Same day the Legislature reportedly approved a one-year police/corrections union extension (about 4.5%, $43M over two years).
FY2025 ACFR: General Fund GAAP fund balance down $86M to $1,062M; all governmental funds down $145M to $1,575M; clean audit opinion.
County Executive submits the FY2027–2030 plan: $3.82B Major Funds, levy flat at $755.3M, $43.5M reserves budgeted, $330.5M appropriated in reserve funds.
NIFA update review: FY2026 risk $45.1M–$75.2M, assuming $81.0M of buyout (VSIP) costs are moved to reserves; about $114.0M of reserves used to cover the buyout.
NIFA orders the County Assessor and the ARC chair to cooperate with its assessment audit. As of Oct 22 they had not.
State Comptroller: the 2027 property tax cap stays at 2% (inflation factor 3.13%).
Fitch affirms AA, stable (Jun 2). Moody's keeps Aa2 and moves the outlook to positive; S&P keeps AA, stable.
NIFA disapproves the County's Sullivan & Cromwell contract as inconsistent with the financial plan (Res. 26-17).
Modified financial plan due to NIFA under Res. 25-69 (sales tax, health insurance, VSIP, debt proceeds, contingency plan).
Upcoming hearings & meetings
All times Eastern. The Legislature's Oct 30 adoption deadline has passed; NIFA approval is the next step before FY2027 begins Jan 1.
NIFA Directors meeting (plus Finance, Governance, Audit, Employment & Compensation committees). Agenda item III: Consideration of Nassau County's Multi-Year Financial Plan FY2027–2030. Item IV: County MOUs/MOA amending union contracts.
Where Long Island Marriott, 101 James Doolittle Blvd, Uniondale, NY (next to the Coliseum)
How Open to the public. Livestream at youtube.com/@NassauCountyInterimFinanceAuth; video posted on nifa.ny.gov within 3 business days. Contact John Chiara, 516-248-2828. No public-comment process is stated in the notice.
Nassau County Legislature full session: presentations, public comment and the legislative calendar.
Where Peter J. Schmitt Memorial Legislative Chamber, 1550 Franklin Ave, Mineola, NY 11501
How Speak for up to 3 minutes by submitting a slip to the Clerk, or email LegPublicComment@nassaucountyny.gov for the record. Livestream at nassaucountyny.gov/agencies/Legis. Clerk: 516-571-4252.
NHCC modernization study (Huron Consulting) due to NIFA under 2025 state law.
Where Filed with NIFA
How No public meeting.
Legislature committees meeting (Rules, Finance, etc.).
Where Mineola (location as for other meetings)
How Agenda not yet posted.
Legislature full session.
Where Mineola
How Agenda not yet posted.
Past: Legislature budget hearings Oct 5–7 (e.g. Government Services & Operations, Oct 7, 9 AM), Rules Oct 26, special budget meeting Oct 30, 10 AM (adoption deadline Oct 30), committees Nov 9. The County Executive's signing date was not verified. NIFA's December meeting date is not posted yet.
NIFA's seven FY2027 recommendations
Quoted from the Oct 22, 2026 review, p.21: “The County should:”
- 1End its reliance on reserves to pay for ordinary operating expenditures.
- 2Clarify when it expects to use the various appropriations in the reserves.
- 3Establish proper overtime controls.
- 4Produce and post cash reports as required by the County Charter.
- 5Adequately and appropriately spend funds from the Opioid Litigation Settlement Fund.
- 6Maintain appropriate staffing levels with accurate vacancies projections by department.
- 7Cooperate with NIFA.
NIFA also asks the County to fund contingency reserves, answer its prior unanswered information requests, cooperate with the assessment audit, and have NCC produce a gap-closing plan with milestones (pp.3, 18, 20).
Key prior recommendations — followed?
| Year | NIFA recommendation / demand | Followed? |
|---|---|---|
| FY2026 | Res. 25-69: file a modified plan by Mar 15, 2026 on sales tax ($1.644B), health insurance ($415.3M), VSIP savings ($27.0M) and $17.5M of debt proceeds, plus a contingency plan for ticket reconciliation ($5.0M), the I&E law ($10.0M) and property sales ($13.7M). | Not found. No filing located; $81.0M of buyout costs were moved to reserves instead. |
| FY2026 | Stop leaning on reserves ($606.1M appropriated FY2026–2029) and budget for labor contracts expiring June 30, 2026. | No. FY2027 again budgets $43.5M of reserves; labor carried as $30.0M placeholders. |
| FY2025 | Remove $30M a year of fund balance as revenue, or NIFA would disapprove or modify the plan (Nov 26, 2024). | Formally yes (amended Dec 16, 2024), but swapped for $32.7M of reserve transfers; FY2025 closed ($56.0M). |
| FY2023–24 | Answer NIFA's July 2022 information requests; build a credible out-year gap-closing plan. | No. Requests still unanswered per NIFA (2023–2026 reports). |
| FY2022 | Veto the Legislature's out-of-balance amendments ($148.2M risk) or close the gap. | Partially. Vetoes upheld; the $70M levy cut stayed. |
| FY2021 | Pass a Declaration of Need for NIFA's $1.1B debt restructuring. | Yes (Dec 14, 2020). |
| FY2019–20 | Stop borrowing for tax certiorari refunds. | Partially. Borrowing continued until the Litigation Fund took over. |
| FY2018 | $31.5M of recurring fixes to balance the budget. | No. NIFA imposed its own modified budget (Dec 7, 2017). |
| FY2017 | About $36M of gap-closing measures; FY2017 deficit capped at $60M. | Partially. Fixes adopted, but the deficit hit $63.2M. |
Every number NIFA cites
From NIFA's Oct 22, 2026 review (printed page numbers), Oct 6, 2026 FY2025 follow-up, Aug 7, 2026 update and Res. 25-69.
| Item | Figure | Source | Page |
|---|---|---|---|
| FY2027 risk, low / high (incl. $27.9M GAAP adjustments) | $60.5M / $145.5M | Oct 22, 2026 review | p.2, 4 |
| FY2028 risk, low / high | $75.2M / $161.3M | Oct 22, 2026 review | p.2, 15 |
| FY2029 risk, low / high | $89.5M / $207.3M | Oct 22, 2026 review | p.2, 15 |
| FY2030 risk, low / high | $116.0M / $268.6M | Oct 22, 2026 review | p.2, 15 |
| Budgeted reserves already assumed, FY27 / 28 / 29 / 30 | $43.5M / $38.0M / $28.0M / $26.5M | Oct 22, 2026 review | p.2 |
| 1% control-period threshold, FY2027 / FY2030 | $38.2M / $40.0M | Oct 22, 2026 review | p.2 fn.4 |
| County's own out-year surplus, FY28 / 29 / 30 | $1.3M / $2.5M / $2.4M | Oct 22, 2026 review | p.15 |
| FY2026 risk, low / high (after $81.0M VSIP shift) | $45.1M / $75.2M | Aug 7, 2026 update review | p.2 |
| FY2026 threshold | $36.58M | Aug 7, 2026 update review | p.2 fn.4 |
| Total reserves, 12/31/2024 / 12/31/2025 / 9/30/2026 | $750.9M / $657.9M / $615.9M | Oct 22, 2026 review | p.2; Aug p.2 |
| Appropriated FY27 / 28 / 29 / 30 (total) | $330.5M / $46.0M / $45.0M / $55.0M ($476.5M) | Oct 22, 2026 review | p.2 |
| Litigation Fund: 12/31/25 / 9/30/26; FY27 appropriation | $267.6M / $218.1M; $101.0M | Oct 22, 2026 review | p.2, 13 |
| Operating Reserves Fund: balance; FY27–30 appropriations | $140.0M; $82.5M, $18.0M, $18.0M, $21.5M | Oct 22, 2026 review | p.2 |
| Retirement Contribution Reserve: balance; appropriated (exceeds balance) | $90.9M; $137.5M | Oct 22, 2026 review | p.2, 17 |
| Bonded Indebtedness Reserve: balance; FY27 appropriation | $66.2M; $45.0M | Oct 22, 2026 review | p.2 |
| Employee Benefit Accrued Liability Reserve: balance; appropriated | $90.4M; $45.0M | Oct 22, 2026 review | p.2 |
| Capital Reserve: balance; appropriated | $10.3M; $8.0M | Oct 22, 2026 review | p.2 |
| Opioid Settlement Fund: 9/30/26; FY27 appropriation | $78.7M; $15.0M | Oct 22, 2026 review | p.2, 14 |
| Reserves incl. opioid fund, 12/31/25 / 9/30/26 | $737.9M / $694.6M | Oct 22, 2026 review | p.2 |
| Control-period result (threshold $35.9M) | ($56.0M) | Oct 6, 2026 FY2025 follow-up | p.1–2 |
| Budgetary result after reserve transfers / GAAP result | +$20.7M / ($27.0M) | Oct 6, 2026 FY2025 follow-up | p.2 |
| GAAP adjustments / unspent bond proceeds | ($47.8M) / ($29.0M) | Oct 6, 2026 FY2025 follow-up | p.2 |
| Restated budgetary / restated control-period deficit | ($52.6M) / ($129.4M) | Oct 6, 2026 FY2025 follow-up | p.2–4 |
| Reserve use: expenses moved $33.3M + paid directly $56.6M | $89.9M | Oct 6, 2026 FY2025 follow-up | p.3 |
| Interest moved from reserves into operating funds; other reserve use | $15.5M; $30.7M | Oct 6, 2026 FY2025 follow-up | p.3–4 |
| Sales tax budget vs actual; property tax budget vs actual | $1,628.3M vs $1,614.7M; $755.3M vs $759.7M | Oct 6, 2026 FY2025 follow-up | p.5 |
| Fines budget vs actual; investment income budget vs actual | $76.1M vs $51.1M; $54.4M vs $33.6M | Oct 6, 2026 FY2025 follow-up | p.5 |
| Sales tax share of Major Funds revenue, FY2027 | 45.3% (about $1.7B) | Oct 22, 2026 review | p.4 |
| Countywide + part-county sales tax, FY2027 | $1,584.3M + $128.9M | Oct 22, 2026 review | App. A p.22 |
| Sales tax growth assumed: FY2027 / each out-year | 2.9% / 3.0% | Oct 22, 2026 review | p.4, 16 |
| YTD sales tax 2025 vs 2026; nominal; CPI; real growth | $1,084.0M vs $1,137.0M; 4.89%; 4.50%; 0.39% | Oct 22, 2026 review | p.4 |
| Major Funds property tax levy FY2027–FY2030 | $755,263,137 each year | Oct 22, 2026 review | App. A p.22 |
| Departmental revenue; GIS tax-map fee; I&E law (fully at risk) | $228.4M; $30.0M; $15.0M | Oct 22, 2026 review | p.5 |
| Fines & forfeitures; red-light cameras (FY25 actual $29.1M) | $72.2M; $33.0M | Oct 22, 2026 review | p.5–6 |
| Fines; ticket administrative fees | $17.5M; $11.5M | Oct 22, 2026 review | p.6 |
| Investment income shortfall in FY2026 | $24.4M | Oct 22, 2026 review | p.6 |
| Rents & recoveries incl. property-sale one-shot | $50.4M incl. $10.0M | Oct 22, 2026 review | p.6 |
| Capital resources for debt (not revenue under NIFA Act) | $28.1M incl. $22.5M | Oct 22, 2026 review | p.7 |
| Salaries & wages; labor-talks placeholder (each year) | $1.1B; $30.0M | Oct 22, 2026 review | p.7, 15 |
| Law-enforcement one-year extension | 4.5% wage increase | Oct 22, 2026 review | p.7 |
| Operating Reserves labor money available / used FY2027 | $33.5M / $7.5M | Oct 22, 2026 review | p.15 |
| Budgeted positions / on board 9/3/26 / funded vacancies / attrition | 7,621 / 7,031 / 902 / 312 ($27.0M) | Oct 22, 2026 review | p.8–10 |
| Police overtime / jail overtime budget, FY2027 | $60.0M / $25.1M | Oct 22, 2026 review | p.8–9 |
| VSIP takers / departed | 594 / 569 | Oct 22, 2026 review | p.8 fn.12 |
| VSIP costs moved to reserves; reserves used for VSIP | $81.0M; about $114.0M | Aug 7, 2026 update review | p.2, 12 |
| Pension rates ERS / PFRS, FY2027 | 17.6%→17.3% / 36.5%→37.4% | Oct 22, 2026 review | p.16–17 |
| Early Intervention/Pre-School; DSS purchased services | $220.0M; $157.8M (+16.6%) | Oct 22, 2026 review | p.10–11 |
| FY2027 interest / principal | $109.9M / $78.6M | Oct 22, 2026 review | App. A p.22 |
| FY2025 debt service budget vs actual | $305.1M vs $315.6M | Oct 6, 2026 FY2025 follow-up | p.6 |
| Tax certiorari liability 12/31/25 (non-current / current) | $292.7M ($200.3M / $92.5M) | Oct 22, 2026 review | p.18 |
| County tax-cert target for end of FY2025 (missed) | $160.0M | Oct 22, 2026 review | p.18 |
| Tax-cert refunds per out-year; Litigation Fund tax-cert money; FY27 draw | $15.0M; $117.3M; $50.0M | Oct 22, 2026 review | p.18 |
| Non-cert litigation / workers' comp liabilities | $348.1M / $335.9M | Oct 22, 2026 review | p.17 |
| Three long-term liabilities per ACFR | about $939.0M | Oct 22, 2026 review | p.1 fn.3 |
| NHCC debt guaranteed; NHCC negative net position | $57.3M; about $1.6B | Oct 22, 2026 review | p.12 |
| Contingency reserves dropped (was FY27 / 28 / 29) | $10.0M / $10.0M / $3.5M | Oct 22, 2026 review | p.18 |
| NCC GAAP deficits FY27–30 | $4.4M / $9.2M / $13.4M / $18.5M | Oct 22, 2026 review | p.19 |
| Items to fix: sales tax / health insurance / VSIP savings / debt proceeds | $1.644B / $415.3M / $27.0M / $17.5M | Res. 25-69 (Dec 18, 2025) | Res. 25-69 |
| Contingency items: ticket reconciliation / I&E law / property sales | $5.0M / $10.0M / $13.7M | Res. 25-69 (Dec 18, 2025) | Res. 25-69 |
Conclusions — tax levy first
“Derived” marks arithmetic from the cited figures, not NIFA's numbers.
- 01The Major Funds levy has been $755.3M since FY2022, when the County cut it $70M (8.5%) from $825.3M. FY2027 is the 5th straight budget with no increase.
- 02From FY2017 to FY2027 the Major Funds budget grew 28.7% ($2.97B to $3.82B) while the levy fell 7.6% ($817.0M to $755.3M). The levy's share of the budget dropped from 27.5% to 19.7%.
- 03Sales tax filled most of the space: budgeted sales tax rose 50% ($1,142.5M to $1,713.2M) and is now 45.3% of Major Funds revenue. NIFA says 2026 growth is only 0.39% after inflation.
- 04Reserves fill the rest: $43.5M budgeted in FY2027 and $476.5M appropriated across the plan, out of $615.9M on hand. Reserves are down $135.0M since 12/31/2024.
- 05Tax-cap math (derived): 2% of the levy is $15.1M a year. Taking 2% each year from FY2023 would put the FY2027 levy at about $833.9M, $78.6M a year more, or about $232.7M left on the table over five years.
- 06Even a full 2% increase would replace only about a third of the $43.5M reserve draw. Replacing it alone needs a 5.8% levy increase (derived).
- 07Closing NIFA's FY2027 gap without reserves needs $104.0M–$189.0M, a 13.8%–25.0% levy increase. By FY2030 it is $142.5M–$295.1M, or 18.9%–39.1%. Anything above the cap needs an override (derived).
- 08FY2025 showed the strain: a ($56.0M) control-period deficit, ($129.4M) restated, equal to 17.1% of a year's levy. NIFA projects deficits above the 1% trigger through FY2030, so the control period stays.
- 09Tax certiorari is the hidden levy cost: $292.7M owed at 12/31/2025 (38.8% of a year's levy), versus the County's own $160.0M target. Only $15.0M a year is budgeted in the out-years.
- 10NIFA ties the refund burden to the assessment freeze, which it says shifts taxes onto owners who do not grieve. The County has refused NIFA's assessment audit since April 2026.
- 11NIFA does not call for a levy increase in the reports reviewed. It calls the plan structurally imbalanced and says reserve reliance with no contingency is "a sign of fiscal weakness." The County says the plan is structurally balanced.
- 12Labor will push harder: police/corrections contracts were extended one year at 4.5%, with only $30.0M a year carried for later rounds. NIFA votes on those MOUs and the FY2027 plan on Nov 19.
Levy math (derived)
| Question | Math ($M) | Result |
|---|---|---|
| One year at the 2% cap | 755.3 × 2% | $15.1M |
| FY2027 levy if +2%/yr since FY2023 | 755.3 × 1.02^5 | $833.9M (+$78.6M/yr) |
| Levy forgone FY2023–FY2027 at 2%/yr | Σ 755.3 × (1.02^k − 1), k=1..5 | $232.7M |
| Replace FY2027 budgeted reserves | 43.5 ÷ 755.3 | +5.8% |
| FY2027 gap w/o reserves, low–high | (60.5 or 145.5) + 43.5 ÷ 755.3 | +13.8% to +25.0% |
| FY2030 gap w/o reserves, low–high | (116.0 or 268.6) + 26.5 ÷ 755.3 | +18.9% to +39.1% |
| FY2025 restated deficit vs levy | 129.4 ÷ 755.3 | 17.1% |
| Tax-cert liability vs levy | 292.7 ÷ 755.3 | 38.8% |
Caveats: the state cap applies to the County's total levy, not just the Major Funds, and also depends on the tax-base growth factor, PILOTs, exclusions and up to 1.5% carryover, so this is an illustration. NIFA's risk ranges already assume budgeted reserves, so "without reserves" adds them back. Sources: NIFA Oct 22, 2026 review pp.2, 22; OSC 2027 cap release.
Budget vs NIFA-flagged risk vs actual result
The dashed white tick marks NIFA's low case. FY2020–21 surpluses include CARES aid and restructuring savings. FY2026 is still open.
FY2017–FY2027 table
| Year | Stage | Major Funds budget | Levy |
|---|---|---|---|
| FY2017 | Adopted | $2,971.0M | $817.0M |
| FY2018 | NIFA-modified | $2,978.1M | $814.7M |
| FY2019 | Adopted | $3,075.6M | $816.0M |
| FY2020 | Adopted | $3,109.8M | $821.4M |
| FY2021 | Adopted | $2,941.5M | $825.3M |
| FY2022 | Post-veto | $3,274.2M | $755.3M |
| FY2023 | Adopted | $3,328.9M | $755.3M |
| FY2024 | Adopted | $3,481.2M | $755.3M |
| FY2025 | Amended | $3,587.9M | $755.3M |
| FY2026 | Adopted | $3,698.9M | $755.3M |
| FY2027 | Adopted Oct 30 (reported) | $3,824.6M | $755.3M |
| Year | NIFA risk (yr 1) | NIFA ask | NIFA action |
|---|---|---|---|
| FY2017 | $142.3M–$217.4M | Cap deficit at $60M; ~$36M fixes | Approved 5–1 (Dec 14, 2016) |
| FY2018 | $108.0M–$127.9M | $31.5M recurring fixes | Disapproved; NIFA imposed budget (Dec 7, 2017) |
| FY2019 | $59.1M | Stop tax-cert borrowing | Approved 6–0 (Nov 27, 2018) |
| FY2020 | $47.5M–$47.8M | Pay tax cert from operations | Approved (Nov 21, 2019) |
| FY2021 | $111.2M–$346.2M | Declaration of Need | Approved (Dec 23, 2020) |
| FY2022 | $39.3M–$148.2M | Veto amended budget | Approved (Dec 7, 2021) |
| FY2023 | $12.9M–$39.3M | Answer July 2022 questions | Approved (Nov 17, 2022) |
| FY2024 | $68.7M–$71.8M | Credible gap plan | Approved (Nov 6, 2023) |
| FY2025 | $189.8M–$207.4M | Remove fund balance | Approved (Dec 19, 2024) |
| FY2026 | $93.1M–$123.7M | Modified plan by Mar 15 | Approved 5–0 w/ conditions |
| FY2027 | $60.5M–$145.5M | 7 recommendations | NIFA vote Nov 19, 2026 |
| Year | Actual result | Note | Followed NIFA? |
|---|---|---|---|
| FY2017 | ($63.2M) | Deficit | Partially |
| FY2018 | ($61.2M) | Deficit (incl. $43.8M judgment) | No |
| FY2019 | +$76.8M | Surplus | Mostly |
| FY2020 | +$90.6M | Surplus incl. CARES/restructuring | Partially |
| FY2021 | +$27.2M | Surplus incl. CARES/restructuring | Yes |
| FY2022 | +$79.7M | Surplus | Partially |
| FY2023 | +$19.3M | Surplus | No |
| FY2024 | +$46.8M | Surplus (draft) | No |
| FY2025 | ($56.0M) | Deficit; restated ($129.4M) | Formally yes |
| FY2026 | — | Open; Aug risk $45.1M–$75.2M | Not found |
| FY2027 | — | Future year | Pending |
Control period: still in effect
Not verified / not found
— The Oct 30 vote tally (11–8) comes from a summary of Newsday reporting; the official minutes are not posted, and any amendments are unknown.
— No record was found of the County Executive signing the budget or of the modified plan due Mar 15, 2026 under Res. 25-69.
— The OLBR review figures ($175.5M / $88.1M) and the Oct 5 union-deal cost ($43M) come from secondary sources.
— The outcome of NIFA's Oct 22 vote adopting its staff report is not in posted minutes yet.
— All-funds budget totals were not found; the FY2024 result is a draft; FY2026 has not closed.
— The tax-cap figures are derived on the Major Funds levy only; Nassau's filed OSC levy limit and carryover were not found.
Data downloads
Sources
Last updated Nov 14, 2026. Full per-year sources, NIFA figures, news and the derived levy math are in the workbook above.