Written by George Maragos Thursday, 12 September 2013 00:00
The mid-year financial projections for 2013 indicate that the County will end the year with a $5.6 million budgetary surplus. This follows on the heels of 2012’s surplus of $41.5 million, now confirmed by independent auditors. These budget surpluses are due to increased sales tax revenues from the improving economy (up 10.4 percent year to date) and reduced Social Service costs due to lower unemployment (down to 6 percent, one of the lowest rates in New York State and lower than that of Suffolk County and New York City.)
All other financial fundamentals also continue to improve, including the structural gap, property tax refunds due to assessment corrections and the County’s long term debt. I’ll address these three points in turn.
The County’s structural gap (the difference between current expenses and recurring revenues) continues its year-over-year improvement since 2009. The structural gap is projected at a seven year low of $54.4 million, down from $116.9 million in 2012 – a 53.5 percent improvement over one year ago - and down from $251.6 million in 2009 - a 78.4 percent improvement over four years.
The County’s growing liability for property tax refunds appears to have been addressed and is expected to decline. The County’s average payouts have been reduced to about $60.3 million annually for the last four years, down from an annual average of $93 million under the previous administration. This decrease does not come at the expense of homeowners: it is due to a more aggressive policy on the part of the Mangano Administration of challenging commercial grievances.
It is worth noting, given the public debate about the county debt, that the long term debt increased only modestly due to 47 percent lower new borrowing over the last four years compared with the period of 2006-2009. The total projected year end 2013 debt of $3.595 billion is quite manageable and only about 30 percent higher than the annual budgetary revenues of the County. Most families manage mortgages that are 300 percent to 400 percent of their family’s annual income.
Although the County’s financial fundamentals have improved by all measures, the County continues to face fiscal challenges. The wage freeze currently challenged in the courts is the greatest potential liability, estimated at $230 million by year’s end. To protect the County’s improving financial state, the County needs to address this risk in the 2014 Multi-Year Plan or resolve it through collective bargaining.
Saturday, 26 July 2014 00:00
A clown named Renaldo performed magic tricks for an enthusiastic audience as part of the National Circus Project, which visited Levittown Public Library on Wednesday, July 16.
All 150 tickets available for the performance were sold out in this interactive magic show for children. Throughout the entire circus act, children laughed and raised their hands as high as they could to be chosen as one of Renaldo’s helpers.
Raising her hand to participate was three-year-old Kirsten Cantwell from Seaford. “She was upset that she didn’t get picked,” said her mother Melissa Cantwell.
Kirsten Cantwell goes to any activity offered at the library, and is starting to enjoy watching magic shows. According to her mother, she really enjoyed the performance.
In the circus show, National Circus Project performer, Al Calienes, acted as Renaldo the clown.
“The show has different components of acts in the circus,” explained Calienes. “We teach children circus moves.”
With the National Circus Project, children get to see magic tricks performed live. “We infuse enthusiasm by showing them, and they in turn will be able to repeat the process,” said Calienes.
Renaldo performed plate spinning, where he spun a plate on a stick and passed it along to the stick of one of his helpers from the audience, who then passed the plate down a line of three more helpers. This interactive way of teaching the children magic tricks really allows them to absorb what they are learning.
The National Circus Project travels and performs for elementary schools, as well as middle and high schools. When the National Circus Project is not going to schools, they perform at library shows, summer camps, and other types of events.
The performance entertains the adults as well as the children. “We involve everybody,” said Calienes. “Everybody’s engaged on some level or another. “
At every library performance, Calienes donates the children’s book he wrote and illustrated Renaldo Joins the Circus to the library. He feels that he owes a lot to the library system. “Anything that ever meant anything to me I learned in the library,” said Calienes.
Calienes learned how to draw from the library, which is how he became a commercial artist. One of the main characters he would always draw would be Renaldo the clown. “I wanted to make him real so I joined the circus,” he said.
Calienes has been performing with the National Circus Project for seven years and has been in the circus business going on 26 years.
The National Circus Project brings magic to children at any school, camp or library all over Long Island as well as across the country.
Friday, 25 July 2014 00:00
Last June, Nassau County passed legislation that allows for the deployment of a speed enforcement camera system in school zones for each of the 56 public school districts in the county.
The new systems will be implemented throughout the county on July 25, and will be operational on scheduled school days throughout the year.
Thursday, 24 July 2014 00:00
Levittown’s Division Avenue High School varsity baseball team, under the direction of coach Tom Tuttle, won the Class A County Championship, garnering a third-place ranking in New York State. This is the team’s 13th county championship win and the second county championship for the school in the past four years.
In addition, senior Chris Reilly was named Championship MVP for throwing a complete game shutout in game two and going three for four with two RBIs.
Thursday, 24 July 2014 00:00
Taylor Traenkle, a junior at Division Avenue High School recently received the MVP award for the Nassau County Varsity Hockey League Association.
Traenkle, who plays no. 9 for the Levittown Ice Falcons, led the way averaging 2.8 points a game with a total of 25 goals and 23 assists in just 17 games.