Good Government in Action
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On May 1st, I joined Glen Cove Mayor Pamela D. Panzenbeck, members of her administration and the Glen Cove City Council, and Glen Gove Superintendent of Schools, to present refunds totaling $1,583,000 to the taxpayers of Glen Cove. The refunds resolved the City’s accidental overpayment of Payments in Lieu of Taxes (PILOTs) to the County from 2010 to 2021. This resolution was the result of collaborative efforts by the Mayor's team and mine, with the full support of Nassau County Executive Bruce Blakeman.
The City of Glen Cove collects and distributes PILOTs from the Glen Cove Industrial Development Agency (IDA) and distributes them within the City and its School District, and to the County. After a New York State audit, followed by an internal audit, officials in the previous Glen Cove administration discovered the incorrect distribution of these funds over ten years. Thanks to the teamwork of Mayor Panzenbeck and Nassau County, refunds of $778,000 to the City of Glen Cove and $805,000 to the Glen Cove School District were approved by the Nassau County Legislature on April 24, 2023. A great example of good government. Read the full story here.
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Talking about Nassau County's Assessment System
On May 9th, I joined Nassau County Acting Assessor Matt Cronin to present an educational seminar on the County’s uniquely complex assessment system. The presentation, hosted by the Long Island Appraisal Institute and attended by members of the Community Bankers Mortgage Forum and the Nassau County Village Officials Association, featured deep insight into the latest developments in the Department of Assessment and the results of my office’s review of the 2020/21 Reassessment. As Nassau County residents and taxpayers, you have the right to expect fair and equitable property valuations, conducted with transparency. I was pleased to have the opportunity to speak about this with an impressive group of professionals.
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Math, Accounting and Finance Awards Ceremony
On April 20th, I was pleased to honor high school students with the 2023 Nassau County Comptroller’s Math, Accounting and Finance Awards at a ceremony in the Nassau County Legislative Chamber. The awards program was created to recognize high school junior and senior students who have strong academic records and have demonstrated an interest in the subject areas of math, accounting or finance.
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Each student was nominated by a guidance counselor, teacher or principal. My team and I were very impressed with students' nomination essays. We recognize these award-winning students as Nassau County’s future leaders, business owners, financial analysts, engineers, problem solvers, innovators and much more.
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NYS Withholding Federal Medicaid Funding
#InCaseYouMissedIt: The New York State budget passed on May 2nd was balanced in part by allowing the State to withhold federal Medicaid funding that has historically been shared with counties. This withholding of federal funds will cost Nassau County taxpayers an estimated $5.6 million in 2023, $13 million in 2024, $26 million in 2025, and roughly $30 million in 2026 and every year thereafter. I was disappointed to learn of this interception of federal dollars meant to help counties manage social services, medical and medical insurance services for our residents.
Thank you to the New York State Association of Counties (NYSAC) for advocating for our counties and making a strong, articulate statement about the issue. Read the full NYSAC statement here.
My team and I are committed to fiscal integrity and transparency in Nassau County. We invite you to peruse the Open Nassau transparency portal and let us know if you have any questions. You can reach us at 516-571-2386 or nccomptroller@nassaucountyny.gov.
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